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Re: badge792 post# 22582

Thursday, 10/31/2013 7:13:49 PM

Thursday, October 31, 2013 7:13:49 PM

Post# of 26631
Not bad, Badge, but let not jump to conclusion with PDI. Something is going on, we don’t know. Are negotiations on a way to sell PDI?
But according to company site PDI is still mentioned in some places as a "spinner":
?" Currently annual production at 70,000 gold equivalent oz. at Molejon mine in Panama with plan to increase mine life with the Botija Abajo and Palmilla deposits
? Cooperative new relationship with First Quantum Minerals, owner of the $6.2 billion Capex, Cobre Panama copper project, next to Petaquilla’s Molejon mine
? Petaquilla’s wholly-owned subsidiary, Panama Development of Infrastructures (PDI), has US$75 million to US$100 million Aggregate and Screened Rock contract in place with Minera Panama S.A.
? Plan to spin out PDI to shareholders. Shareholders will receive 1 share of PDI for 4 shares of PTQ they own.
?

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