IMO if FQ buys or HT's PTQ they want Spain.
Inmet is also in Spain very near all of Petaquilla's holding that are extensive and will not be moved to another entity. There are legal prohibitions that will require the existence of the Petaquilla company. Fortunately the majority of Petaquilla stock is held by a few stockholders and more than enough stop a HT from going through at most of the prices people keep talking about. More likely there will be some sort of a friendly accommodation between between Petaquilla and Quantum. If you know anything about the history of both companies and the relationship involved with both governments, (Panama & Spain), Petaquilla is on very sound footing and will do well for its stockholders. Hopefully, over the next six months or so the share-price will return to a buck or so and all the little guy will sell out on the open market and take their little bag of gold down the road. Just of return to the normal value of the GDXJ will accomplish that for them.
the universe is unfolding as it should, and so is our company progressing as it should.
Revenue
FYQ2 2011 $17.4MM, FYQ2 2012 $25.3MM, FYQ2 2013 $27.6MM
THIS WAS ACCOMPLISHED DURING A VERY SEVERE RAINY SEASON WHILE MAKING THE TIE-IN OF THE MULTI-MILLION DOLLAR EXPANSION AND THE INTERRUPTIONS THAT ENTAILED, ALONG WITH THE ADDITIONAL EXPENSES AND EFFORT REQUIRE, WHILE AT THE SAME TIME DEALING WITH THE INMET HT CRAP. VERY NICE JOB DONE BY MANAGEMENT!
Dry season has arrived and production is way up so far in December!! Did you notice that the stockpiled gold gained very little although we are mining at the same rate as the last two quarters when it climbed exponentially. Why??? Because we are loading the BIG LEACH PADS!. Cycle will be over in less than 90 days.
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