Replies to post #24481 on Petaquilla Minerals Ltd. (fka PTQMF)

[ratherbefishin]

large shareholders CAN'T get out ,they hold too much stock to dump it on the open market,chances are it would drive the shareprice down to a nickle if 100 million shares were put at ''market''.Like-its not as if the INSIDERS are stepping up to the plate,is it?

[Implanting]

Yeah, so what's that telling you. It tells me the shares are still being taken down. That nobody's interested in buying this dog now.

What's even worse is that the smart money should already know what's going on with this "deal" that's taking forever to do and that news hasn't helped stem the tide. The SP may move higher if and when the news finally breaks, but where will the price be when that happens? No telling how much lower if could go.

[VBgood]

We are not going to get million shares traded because smart money/ large shareholders know exactly what is holding the deal.
When the deal eventually go thru - company will be able to re-start production and pay of the DB. So why would in a right mind they sell their shares if it is a long term investment for them.
On a another side - I hope all of you who wants to get out in upper .30-th will do that .
By the way here is my last communique (few days ago) with FQM London office:

Hi Mr. xxxxx

I have followed up with our team in Panama. There is a report which will be filed at the end of March with the Panamanian government; however, this document is not public information.

I hope this answers your query. Have a good rest of the week,

Regards,

xxxxxxx. | Assistant Corporate Secretary
First Quantum Minerals Ltd. - London Office