Stans Energy Corp V.HRE.H

RE:RE:RE:RE:RE:RE:Replied from mgt

[coyote]

Right on BoBo. A little history review:

• In 2014 after Stans won the $118 million dollar Moscow arbitration case, the Ontario court froze 47 million shares of Centerra Gold owned by Kyrgyzstan’s state-run Kyrgyzaltyn gold company to secure the arbitration award.
• Then in 2016 everything unraveled...The Moscow arbitration case was overturned on a jurisdictional technicality and then Canada unfroze the Centerra shares. The Ontario court found that Kyrgyzstan “does not have ‘any equitable or other right, property, interest or equity of redemption’ in the Centerra shares that is subject to seizure and sale.”

As far as I remember, no challenge to this position has prevailed so Centerra shares are untouchable. So sad but true. Those shares would have secured the whole award. Today I am convinced there are vulnerable Kyrg assets that could be seized but nothing that would be big enough to secure a $200+ million award.
GLTAL and even those who haven't done their research. lol