It looks to me like either someone was trying to lie about the resources in Spain/Panama OR maybe and it's a BIG maybe they were just cutting corners. My question is why would you cut corners? Why not do everything by the book and do it right? This doesn't look kosher to me.
Did you see the part at the end of the PR about how all the numbers on the beautiful corporate presentation weren't supported by a compliant technical report. In other words they were all made up. That's why the BCSC made them pull the corp.presentation.
This is exactly the kind of crap these people didn't need right now and IMO this smells of revised lower resource numbers for both Spain and Panama. I guess we'll see in the coming weeks/monthes how it unfolds, but this could run off whatever institutional investors were in this stock now.
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