Post by
IROOC2014 on Oct 22, 2014 7:04pm
Tax loss time.... 10-15 cents bye bye KMDC
Only contact was by email. They never called. Thats tells you something.
Highlights from update:
"Instead, the Company received an email from KMDC which suggests that additional time will be required for KMDC to meet its funding obligation. "
"Management will to make decisions regarding the Company's future dealings with KMDC on the basis of facts as they exist at that time."
Petro One does not have a leg to stand on. They may have a contract... but not enforcable.
Comment by
sethro on Oct 22, 2014 11:03pm
"They may have a contract... but not enforcable." I agree, might as well use that contract as wallpaper now. I'm not bashing, just giving my honest opinion, something stinks here. Be careful, I can remember a couple other Canadian juniors connected to Asian money that went sour fast, very tricky people.