Posted On: 06/21/2014 5:25:50 PM
Post# of 9903
LongInvestor
Member Level Saturday, 06/21/14 05:12:32 PM
*Re: *Trader_NYC post# 163148
*Post # * of 163152
There are absolutely no issues mentioned relating to BGL on any of the titles that I could find. None at all.
There are no liens. There certainly were not any liens on Friday 08 February 2013 - the date those entries were made. It was the following Monday that Minera San Jorge then released news that it had bought all of SRGE's mining property's. That was stage one of the come back. They waited till BGL had lost all right of appeal against the judgement handed down to them on 17 August 2011. That was the date BGL were probably as good as laughed out of court for trying to register the titles to Cinco Minas and Gran Cabrera in their own names. What a hoot that must have been for Minera San Jorge's Attorneys.
Once 18 months had passed they were then sure BGL couldn't win the case nor file any other counter claims. It looks like BGL had at least one sensible Attorney on their legal team - who most likely told them not to bother appealing!
As Stephen Roehrig of BGL has stepped down this week, I see little future for BGL other than its new CEO to steer it towards its bankruptcy
hearing.
Can't wait till they take the C$10.20m hit on Cinco Minas. No doubt Winston Cooper will also dissect those accounts as well when they are published.
I look forward to reading that post.
Member Level Saturday, 06/21/14 05:12:32 PM
*Re: *Trader_NYC post# 163148
*Post # * of 163152
There are absolutely no issues mentioned relating to BGL on any of the titles that I could find. None at all.
There are no liens. There certainly were not any liens on Friday 08 February 2013 - the date those entries were made. It was the following Monday that Minera San Jorge then released news that it had bought all of SRGE's mining property's. That was stage one of the come back. They waited till BGL had lost all right of appeal against the judgement handed down to them on 17 August 2011. That was the date BGL were probably as good as laughed out of court for trying to register the titles to Cinco Minas and Gran Cabrera in their own names. What a hoot that must have been for Minera San Jorge's Attorneys.
Once 18 months had passed they were then sure BGL couldn't win the case nor file any other counter claims. It looks like BGL had at least one sensible Attorney on their legal team - who most likely told them not to bother appealing!
As Stephen Roehrig of BGL has stepped down this week, I see little future for BGL other than its new CEO to steer it towards its bankruptcy
hearing.
Can't wait till they take the C$10.20m hit on Cinco Minas. No doubt Winston Cooper will also dissect those accounts as well when they are published.
I look forward to reading that post.
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