Petaquilla Minerals Ltd. (fka PTQMF)

[carlosc]

The workers aren't being paid. We knew that. Not even their social security is being paid. Now it appears that the company has indicated to the ministry of labor that they wish to suspend the contract they maintain with the unionized workers:

http://www.tvn-2.com/noticias/noticias_detalle.asp?id=135054

I especially like the final paragraph:

A juicio de De León, los problemas financieros se deben a dos motivos: la pérdida de una concesión de una mina que esta empresa trató de explotar en España y a mala administración de la mina en Panamá.

I wonder if the executives have had the decency to suspend their own pay during this time of crisis.