Replies to post #24090 on Petaquilla Minerals Ltd. (fka PTQMF)

[ratherbefishin]

Unfortionately"they have dug themselves into a hole to deep to get out of "is the fate of almost all these Vancouver Penny Mining stocks.Management milks them for every dime they can get out of it ,then moves on.

In this case,I think FQ is just sitting on the sidelines waiting .Time is. On THEIR side ,not ours.they'll pick it on THEIR terms,at THEIR price

[ptygold]

they got the money $60M with no equity dilution and no extra debt. This will directly help lower current liabilitys. $60M / 261m shares = .23c increment en Shareholder Equity and Reduction en Current Liabilitys. The important thing here is how they plan to operate going forward. My opinion is look for a merge specially to get LP up and running. Dont fall back in old habits