Replies to post #16878 on Petaquilla Minerals Ltd. (fka PTQMF)

[Implanting]

Yes, I agree, but at the end of the day IT APPEARS INMET REALLY HAS TO TAKE-OUT PTQ NOW. Before Inmet got government approval to proceed with C.P or got the money backing they now have from the Koreans and Franco Nevada, it was not such a big issue because why get the cart before the horse. Everything's now fallen into place for Inmet and the only "fly in the ointment" is PTQ. PTQ's in Inmet's way and something has to give.

To this point it appears Inmet is trying to steal the company and without a much higher, offical offer I don't see that happening, but what's to say after this first hostile offer is rejected that Inmet comes back with another hostile offer of say $1. Would that fly? Maybe, maybe not. That's why IMO if PTQ gets their PP house in order and says they have that money it may force Inmet to come back ASAP and play the Godfather role because if the PP does go through I would say the price for PTQ then automaticlly goes through the roof for Inmet. Just food for thought, but I would think the last thing Inmet wants is the PP to be successful.

[Implanting]

Speaking directly to Inmet's management having to go hat-in-hand to their shareholders. Well, if Management had been real visionaries, they would have taken PTQ out completely when they bought the copper resources. Fifer was sharp enough not to sell out at that time and we can speculate he knew the day would come when Inmet would be looking to get the rest of those concessions.
It looks like the day has now come, so depending on how badly Inmet wants/needs what PTQ has will should determine what the premium is they have to pay. I'm betting Inmet management will do what's neccessary to move C.P. forward, so they'll have to convey that to their shareholders.