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Replies to post #22058 on Petaquilla Minerals Ltd. (fka PTQMF)

Replies to #22058 on Petaquilla Minerals Ltd. (fka PTQMF)
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ServantofBob

10/10/13 12:29 PM

#22059 RE: investor20501 #22058

Lol, it's not going to happen. The large shareholders are neither stupid or broke, why sell at the markets nadir.
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Implanting

10/10/13 12:41 PM

#22060 RE: investor20501 #22058

I would be surprised if a consensual deal is cut in the .50 to .80 price range, but you never know. I really have a hard time accepting that FQM wants anymore from PTQ than all of the resource rights they hold in Panama and even that has to be worth more than .50/share. If it's a friendly offer I would guess at least $1/share.
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Implanting

10/10/13 12:55 PM

#22062 RE: investor20501 #22058

Makes more sense to me that PTQ might do a deal that allows them to keep mining gold on select concessions and keep Molejon plant to be able to eventually mill the LP ore. I don't see how FQM would have a problem with them doing that. FQM gets most of the PTQ mineral rights and PTQ stays in the mining business. To wave the Panamanian flag. That seems to be the most probable outcome to me.