Replies to post #13456 on Petaquilla Minerals Ltd. (fka PTQMF)

[acanuck]

I say this is PDI related! The record date is fast approaching. Gotta make sure al the friends are in.

[Implanting]

It's not PTQ buying any shares for sure. It would be DB and their cronies that are doing the buying. Now, unless they know something that's coming out from the Company that will lift the SP in the coming weeks, I'm skeptical of where the shares are trading now as being the bottom. I say that because the markets are high now and up over 8% year to date and gold is still correcting. If the markets sell off anytime soon the SP will drop too.

[Lojiko]

I think you misunderstood me, JFF. I stated that it would be to DB's advantage to depress the share price ahead of the agreement so they could get more shares, to which redflame countered that it would be to PTQ's advantage to increase the SP ahead of the effective date. I was just reinforcing redflame's point by saying we have the buyback program and the cash to do so if PTQ wanted to run up the price ... you're right, they're definitely not buying back shares and haven't since December, but perhaps now that this convertible loan is through, they might start up again.