InvestorsHub Logo

mjkiii

01/10/13 4:20 PM

#19281 RE: JustForFun7 #19280

It would seem that as copper prices increase...

FQ would stand a better chance of getting the 66%. Particularly with the stock option and their proven ability to bring in large projects on time and under budget. They are far more experienced and expert than Inmet. China may just be hoping since they also have their eyes on Panama's copper reserves. Please post article if you are able. Was it a stock research group in Hong Kong or a Xinhua government mandated article?

Even if there was really no interest today and very little volume, we finally killed the GAP monster. Lot's of news coming over the next couple of trading days.

mjkiii

01/10/13 7:04 PM

#19286 RE: JustForFun7 #19280

JFF, Unable to locate article you referenced.

Please provide a link to it.
Word on the street is that FQM has already locked up a higher percentage of Inmet stock that Inmet was able to secure Petaquilla's even when they increased offer. If most of Inmet's large holders commit within the next 13 days, the BOD on Inmet will recommend that the offer be accepted just to try and save themselves. It is rumored that Tilk was seen in his office reviewing his resume....Pascall is very interested in working out an agreement with our company that will benefit all parties. His general approach to management is that there is always opportunity for everyone. That is one of the reasons he was rated number one in the survey that was deleted here IH for no good reason.

Personally, I think this will a take a lot longer to complete than most people realize, and that it will be booked results that will perhaps move our share price, rather than some impending deal with the ultimate developer of Cobre Panama. There is an large amount
of materials to sort out in the interim. We may make a couple of big announcements unrelated to FQM or Inmet, at any moment.