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Friday, 10/25/2013 10:22:48 AM

Friday, October 25, 2013 10:22:48 AM

Post# of 26631
Everyone on the planet knew the news.

From the news release, Vancouver, BC - May 30, 2013:
...On May 23, 2013, said Term Sheet was amended by the parties to reach additional commitments, thus maintaining the previously acquired commitments related to land access and use, and settlement of certain commercial claims, among others. This first amendment to the Term Sheet contemplates scenarios in which joint developments shall be conducted as agreed to in a Joint Venture Agreement yet to be negotiated and executed by the parties.

Finally, pursuant to the commitments contained in the Term Sheet, MPSA and Petaquilla have jointly filed before the National Land Authority of Panama (ANATI), and the Directorate of Mineral Resources, notifications and petitions whereby both parties obligate themselves to withdraw objections and to not oppose certain land and concession applications in order to satisfactorily resolve the administrative proceedings related to the lease and purchase of surface rights for the Cobre Panama project and Petaquilla mining concessions....

ANYONE WHO DID NOT LOAD UP ALL SUMMER LONG WHENEVER THE PRICE DIPPED DESERVES TO REAP THE BENEFITS OF HIS/HER PRUDENT JUDGEMENT!! (NOT!!!!)As Forrest Gump would say......

BOTH PARTIES MADE PR RELEASES AND IT IS ON FILE IN TWO DEPARTMENT REGISTRIES: National Land Authority of Panama (ANATI), and the Directorate of Mineral Resources.

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