FFGO - It does appear that the company states that there is an "agency" beyond their control that will conclude the entire process.
There have been several questions directed at nuances of the valuations for the preferred shares such as the 3% dividend, the possibility of more value than the estimated valuation given based on Gold prices, etc. and the payment of fees to North American Gold & Minerals Fund. Our response to all of these questions is basically the same one, there will be no further guidance given other than that which has already been specified by the regulatory filings and shareholder updates issued to date. These questions are nuanced details that are far and away overshadowed by the eventuality of the actual completion of the asset disposal and subsequent cash payments. We do not wish to trivialize these matters, but our company will not debate detailed logistical points about minor expenses in the costing of effecting this outcome and we certainly will not offer undue instruction as to the form and format of the entire process which has yet to be determined other than what has already been outlined and which will conclude through an agency outside of our direct control.
Sure sounds like an investigation did occur and a settlement was yet to be finalized and reached.
"the company" has "confirmed" an "Investigation" on going tho !!!! Tic TOC!! - diamondguru-one
Tic Toc
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