I will try to clarify this legal dispute for you...It's really not a LEGAL dispute.
Back when MSJ owned Cinco Minas, BGL and MSJ entered into a JV where BGL was to receive a 60% ownership of MSJ and Cinco Minas. MSJ claimed default by BGL and terminated the JV. With the termination of the JV, BGL never recieved the 60% ownership of MSJ or Cinco Minas. BGL sued MSJ and placed a lien on MSJ's Cinco Minas Concession titles.
The lawsuit went through several court hearings in Mexico with no ruling ever to award BGL anything at all. BGL claims there are more hearings coming, but there is no source outside this very board that can confirm that fact,nor is there any mention of any more court hearings for BGL to be found anywhere other than this board.
So that being said, BGL has NEVER owned any percentage of MSJ,nor has it ever had any ownership of Cinco Minas. The Cinco Minas Concession titles BGL proudly displays on their website they claimed for years are theirs, are not in BGL's name. They are in MSJ's name which as I already said BGL's has ZERO ownership of. MSJ has also stated they no longer own Cinco Minas and have no interest in BGL.
BGL continues to claim they are entitled to Cinco Minas, however, as I mentioned, not one of the Court hearings has awarded BGL anything at all. Nor is there anywhere on planet earth that even hints at more Court hearings for BGL other than this board.
Here is the kicker...If there really was a VALID legal or ownership dispute, BY MEXICAN LAW, The Mexican Mining Registry could not have transferred the Cinco Minas Concession titles to SRGE or anyone else. The Concession titles were transferred to SRGE which means there is no VALID legal dispute or ownership questions.
