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Bullboard - Stock Discussion Forum FairPoint Communications FRP

"FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C."

NDAQ:FRP - Post Discussion

FairPoint Communications > Eldorado going back to High Court!!!!
View:
Post by thasis on Apr 23, 2008 12:54pm

Eldorado going back to High Court!!!!

Apparently Eldorado is heading back to Turkish High Court for the Kisladag mine.
This mine just went back into operation last month?
Pending Court Case battles always creates uncertainty and should do not bode well for current Eldorado shareholders or future take over target Frontier Pacific.
Do your due diligence!
Comment by barry1981 on Apr 25, 2008 7:29pm
This is from ELD management ----Thedefendants (MOEF have the right of appeal for any decision of the HighCourt.  This is good.  With the case in appeal, no injunction can bedropped on the EIA.  There is only upside on the appeal.   If the Courtchanged the decision it would only change it to be a positive decision.If the court returns it to the lower court a year or two ...more  
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