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german_investor

05/28/14 5:53 PM

#25384 RE: VBgood #25382

That´s already some years ago, but it shows where our money goes:

http://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00003219&fileName=/csfsprod/data126/filings/01849131/00000001/o%3A%5CCPU%5C2012%5CPetaquillaMineralsLtd%5C2Q111130%5CMDA_nb.pdf


Page 20:

RELATED PARTY TRANSACTIONS

The Company incurred the following fees and expenses in the normal course of operations in
connection with companies controlled by key management, directors or officers during the six
months
ended November 30, 2011 and 2010. Related party transactions have been measured at
the exchange amount which is the amount of consideration established and agreed to by the
transacting parties.

? The Company paid fees of $548,975 to a company controlled by the Chairman (six
months ended November 30, 2010 $464,000) for compensation related matters.


? The Company paid for goods and services provided to the Molejon mine of $307,977
(six months ended November 30, 2010 $90,367) to companies controlled by the
Chairman.




This is only about 6 months....! If you compare his salary with what he take out from the company with related transactions, than he makes more money with related transactions than with his salary.... That´s exactly what the fundmanager from Switerland told already 3 years ago!!!!