Posted On: 05/12/2015 10:37:01 AM
Post# of 9903
There's something I missed when I checked the MD&A of BGL of April 29th and this is very important. On page 1 in Overall Performance: "during the 3 months ended February 28, 2015 the company spent $NIL(<--this) on litigation related expenses on Cinco Minas and Gran Cabrera Mexican mining properties compared to $57,864 during the three months ended February 28th, 2014."
At the end of Page 2 we already know they wrote: "As at February 28, 2015, the company is still in the process of protecting its interest in the Cinco Minas and Gran Cabrera mining properties in the Mexican courts."
This is a contradiction. You can't spend NIL on litigation related expenses and still be in the process of protecting your interest in the mining properties.
This tells me that BGL stopped paying their lawyer and BGL stopped pursuing.
At the end of Page 2 we already know they wrote: "As at February 28, 2015, the company is still in the process of protecting its interest in the Cinco Minas and Gran Cabrera mining properties in the Mexican courts."
This is a contradiction. You can't spend NIL on litigation related expenses and still be in the process of protecting your interest in the mining properties.
This tells me that BGL stopped paying their lawyer and BGL stopped pursuing.
(0)
(0)Scroll down for more posts ▼
