Sunday, March 10, 2019 11:28:09 AM
the fine against former management and the firm was about US$ 300k - that´s ridiculous compared to the actual values of the claims.
Mockingbird alone should be about US$ 1.300.000.000 in value- cf. Dr.Colliston: US$ 400/oz results in US$ 400 mil in total value in 2004 without further exploration.
and management has drilled and published very good drilling results (2008/9). and there have been staked additional claims for Mockingbird...
besides Mockingbird there are more than a dozen other properties in HGLC.
it should be no problem to pay the fine from the sale of the properties - I am sure the authorities would wait under these circumstances. exactly that´s the reason the assets still must be in HGLC.
what about our promised share of the sale of "American Molygold"??
the published price: US$ 620.000.000.
nobody walks away from such values for nothing.
what does it mean "abandon" in a juristically manner? management is responsible for the firm.
most forecasts deliver "good times for gold" in 2019/20. a forced sale is not necessary - really not.
Mr. Lowenthal was a director of HGLC. we should ask him. there are further questions to mr. Lowenthal. I think he could help us. I think of FFGO, NMNX a.s.o.
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