Replies to post #18450 on Petaquilla Minerals Ltd. (fka PTQMF)

[pilk111]

Thanks PTI,

wow when you look at this closely things bode very well for PTQ. Is it just me or Inmet's tone has changed A LOT compared to their earlier press releases?

"'We have invested so far $ 1. 5000000000 thinking we had those rights', said Tilk. further recalled that by the end of this year the miner will invest $ 4 billion in contracts and projects in the country. "These investments will benefit the development of Panama. Inmet is a guest and in the 20 years we've been in the country, we have never disrespected. PTQ I know thinks the same ', said Tilk. "

Is that a semblance of admitting that maybe they don't have the rights or am I reading this wrong?

[Implanting]

It certainly seems that from the mood of this article that Inmet may be coming to terms with their situation. Tilk stated that "Nobody wins if Cobre Panama stagnates. PTQ, Inmet, or the people of Panama." That's right Mr.Tilk, but everyone knows the biggest loser in that game would be Inmet. PTQ may not have a customer to sell aggregate to right away, but they still have a vialbe, on-going, business. Panama can get someone else to develop C.P., Inmet's the one that gets screwed. Tilk knows that all too well.

Thanks for the post PTY.

[mjkiii]

Now that the public knows about ongoing talks...

our share price should stabilize and start back up. So it seems in Germany this morning. Nice to know that Tilk respects Panama, Petaquilla, and puppies. Perhaps someone should read to him the definition of a Hostile Takeover! Even the press releases said the purpose was to replace management and the BOD because they would not bow down to the $0.48/share offer. He is forced to make these ameliorating public statements because Panamanians have told him they are ready to show Inmet the door. He must now realize that there are in fact others who have the money and will step into his place and develop the mining industry in Panama if only given the chance. China has a blank check all ready filled out, and it is probably sitting on Martinelli's desk today. Sit back, relax and watch him squirm out of this mess. PETAQUILLA ES PANAMA!!!


Definition:
HOSTILE TAKEOVER:
Acquiring a firm despite the disapproval of, or open resistance from, its board of directors. The acquirer ('raider') usually takes the takeover offer direct to the target firm's stockholders (shareholders) or seeks their approval to remove the obstructing board members,(who are trying to protect the company and their shareholders)sic.