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Re: carlosc post# 19318

Monday, 01/14/2013 1:11:07 PM

Monday, January 14, 2013 1:11:07 PM

Post# of 26631
It is explained fully in the public record.

Petaquilla maintains rights to all gold on Inmet's concessions while Inmet maintains rights to all copper on Petaquilla's? Is that correct?
NO INMET HAS NO RIGHTS TO PETAQUILLA COPPER.

Petaquilla maintains rights to all gold on Inmet's concessions while Inmet maintains rights to all copper on Petaquilla's? Is that correct?
NO PETAQUILLA DOES NOT HAVE RIGHTS TO ALL GOLD ON INMET CONCESSIONS.

All of this has been explained in previous posts over the last couple of years. There is no confusion between any of the three companies, INM, PTQ, FQM. Lata will be the next deposit to be taken under ownership determinations for Petaquilla on Inmet concessions. Current plans are to ship copper ore via Panama City to China. That could change depending on who develops Cobre Panama's Inmet portions.

A VERY LARGE AREA OF DISPUTE AND FUTURE LITIGATION SURROUNDS THE QUALITY AND QUANTITY OF DRILLING TO DETERMINE VALUE OF DEPOSITS ON INMET'S CONCESSION. THIS HAS ALREADY BEEN BROUGHT UP IN COURT AND PETAQUILLA SEEMED TO HAVE WON THE FIRST ROUND ALTHOUGH IT WAS TANGENTIAL TO THE ACTUAL ISSUE LITIGATED. Inmet's saying we dug a couple of shallow holes and found nothing of value is not going to fly!!!

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