Yet that is the reality of command.
If you are inside either company or have close contacts with some of upper management, then you should know that the entire BOD and the Chairman will be re-elected on December 10th as they are once again without opposition.
This group has been together for many years in the majority, and the addition of Cristobal Colon, also a Caballero de Guadalupe, only strengthens the position of the Chairman and his standing with the board.
I do not believe that FQM is planning to nominate a new group of candidates and recent canvassing of large stockholders seems to indicate very strong support also.
Therefore it begs the question, who is supposed to be exerting influence and 'controlling' Mr Fifer??? I know from personal communications and relationships that it is not the Panamanian Banking Industry, nor the current CD Administration. My personal interaction is really outside PTQ as my son and Richard were educated at Tulane's A.B. Freeman. Our families generally do not even discuss Petaquilla, or anything about other business for that matter. Such things are frowned upon in social settings.
Thus, I ask again, if you would share with us the Who, What, When, Where, How, and Why pressure is being applied in some effective way to obtain the sale of the company that you are seeking, you have my thanks in advance. I am just not aware of anything like that.
I do remember a long time ago someone was talking about a very small dividend to shareholders of under a nickle and then some sort of Amalgamation with FQM, (like we had joked about with Inmet), consisting of a share swap that brought a total of less than $0.30/share to stockholders and had a hold of several years which was then expected to bring a lot of value. But I understood that that was not a serious offer under consideration. I am a strong supporter of management and not really concerned about their ability to move the company forward until economic factors turn in our favor. I was in Miami and heard Pascalls say very clearly that FQM was a copper company and had no interest whatsoever in acquiring Petaquilla. Perhaps things have changed. So give us more than a couple of cryptic words about your information. Thanks again...and I hope you are on the right side of the curve and do well. You don't strike me as someone who would just sit and lose their investment like a deer in the headlights.
