Replies to post #24076 on Petaquilla Minerals Ltd. (fka PTQMF)

[ratherbefishin]

Large shareholders CAN'T just sell their holdings on the open market,it would COLLAPSE.
but a very telling clue was published a few weeks ago-the DECLINING amount of stock held by the insiders?If THEY don't think there is much chance of the stock is going higher-WHO is?

[Implanting]

Badge, what can you do when your back's against the wall? When you're in debt to the tune of $100M + what real alternatives do you have? Hope you can do a deal with someone that is holding all the cards to your future survival that will tide you over until the POG moves higher. Looks like that's the situation here.

They don't have the money to mine gold at this time is my best guess. They have to get FQ their rock so mining is put on the back burner. Of course the excuse is because the price is down, but is it really because of the lack of money or resources to get it out of the ground? Most likely that's the situation.