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Re: alexfw post# 5076

Thursday, 09/30/2010 6:23:40 PM

Thursday, September 30, 2010 6:23:40 PM

Post# of 7206
Well I'm back............

As I have stated and restated all along The Case Against Fitzgerald has a lot of merrit and fundemental value to all present equity holders of Tronox stock.

I find that the extension of claims to March 31st 2011 is of paramount importance when one associates that date to the fact that the Fitzgerald case was scheduled for March 28th 2011.
Let's see equity fights for value, has court agree to extend claims to March 2011. I would very much like to see how that is written up. Again equity has two volleys of fire, one to get valuation from the status of Tronox as it is currently valued and to secure future valuation from Fitzgerald case.

Barrick Gold is very much involved in this fraud case and it is my guess that they will be part of the settlement.
Barrick are in hot water these days. There is very important rulling concerning one their major resources in Chile where they may not own that site due to fraudulent acquisition.
If this is true it will affect many situations of a grandeur which I have difficulty comprehending. Companies such as Silver Wheaton will be dragged into this as well as many others who have investments with Barrick in Chile.
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