News Focus
News Focus
Followers 38
Posts 2568
Boards Moderated 0
Alias Born 11/28/2006

Re: frankie_fillet post# 222

Wednesday, 03/03/2010 3:42:19 AM

Wednesday, March 03, 2010 3:42:19 AM

Post# of 389
Well, seems like there are some legal problems between TNR and Xtrata:

http://www.tnrgoldcorp.com/s/NewsReleases.asp?ReportID=387728

TNR retains a 25 per-cent back-in right to certain of the properties, the terms of which are currently the subject of a legal dispute with Xstrata, which assigned its interest to MAI. A court date is set for the fall of 2010. The Company fully intends on exercising its back-in right to the properties at the appropriate time. In the legal dispute with Xstrata, TNR is also seeking confirmation of its ownership of the Escorpio IV property, which is located adjacent to the Project, and a declaration that the Escorpio IV property is excluded from the Exploration and Option Agreement.


"I want to leave my kids enough so they can do anything they want, but not so much that they can do nothing."
Warren Buffet

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today