Bandera drops Cinco Minas, Gran Cabrera lawsuits 2
Post# of 9903
Posted On: 04/18/2016 6:22:01 PM
Re: butterballs #7662
Bandera drops Cinco Minas, Gran Cabrera lawsuits 2016-04-18 17:58 ET
this is crazy, l was about to post early today that l felt BGL withdrew any and all claims on MSJ and CINCO MINAS, but it was just a gut feeling... so l did not
then l just found this post from ihub
Rocketred Monday, 04/18/16 06:17:57 PMRe: NonePost # of 12896
Bandera drops Cinco Minas, Gran Cabrera lawsuits 2016-04-18 17:58 ET - News Release Shares issued 112,252,653 BGL Close 2016-04-15 C$ 0.005 Mr. Peter Gommerud reports BANDERA GOLD TERMINATES LITIGATION ON MEXICAN PROPERTIES Bandera Gold Ltd. has terminated the litigation on its Cinco Minas and Gran Cabrera mining properties located in Mexico. Bandera has diligently defended its rights to enforce the original option agreement signed by the parties, only to be obstructed at every turn by procedural manoeuvres common in the justice system in Mexico. The board of Bandera has assessed the uncertainty of any potential resolution, timing and cost of continuing the court cases, combined with general poor financial conditions in the mining sector affecting the market value of the properties. After assessing these factors, the board has determined Bandera's resources are better focused toward identifying and evaluating mineral properties of merit for acquisition, exploration and development. We seek Safe Harbor.
this is crazy, l was about to post early today that l felt BGL withdrew any and all claims on MSJ and CINCO MINAS, but it was just a gut feeling... so l did not
then l just found this post from ihub
Rocketred Monday, 04/18/16 06:17:57 PMRe: NonePost # of 12896
Bandera drops Cinco Minas, Gran Cabrera lawsuits 2016-04-18 17:58 ET - News Release Shares issued 112,252,653 BGL Close 2016-04-15 C$ 0.005 Mr. Peter Gommerud reports BANDERA GOLD TERMINATES LITIGATION ON MEXICAN PROPERTIES Bandera Gold Ltd. has terminated the litigation on its Cinco Minas and Gran Cabrera mining properties located in Mexico. Bandera has diligently defended its rights to enforce the original option agreement signed by the parties, only to be obstructed at every turn by procedural manoeuvres common in the justice system in Mexico. The board of Bandera has assessed the uncertainty of any potential resolution, timing and cost of continuing the court cases, combined with general poor financial conditions in the mining sector affecting the market value of the properties. After assessing these factors, the board has determined Bandera's resources are better focused toward identifying and evaluating mineral properties of merit for acquisition, exploration and development. We seek Safe Harbor.
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