TSXV:CDC.H - Post by User
Comment by
pavemasteron Nov 21, 2006 9:37pm
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Post# 11725718
RE: E mail CDC lawyer: Burns,QC
RE: E mail CDC lawyer: Burns,QC rose, where do you get all these silly ideas?
Like the TSX for taking too long? Two years is average. Have you ever seen how long it takes to settle legal disputes? Cases go on for years. In fact with some investigations on the different exchanges have gone on for a couple of years then charges laid with the preliminary hearing scheduled over a year after that. Then the lawyers fight it out for who knows how long after that?
You want to look goofy in a hurry? Go ahead, sue the TSX.
How did George Laforme ignore the fact that all the executives left?
What are you going to pay them with food vouchers at Loblaws that you cut out of the Saturday Penny Saver?
You say the mines are worth a billion dollars? What mines? We have one mine and another gold mine with a mere pittance of gold reserves.
You say that when the facts are out there will be hell to pay.
Don't hold your breath. You guys wanted the halt and now your seeing the consequences that I tried hammering into your feeble minds the last 12 months. You got the investigation you guys wanted and killed the company LIKE I SAID IT WOULD.
Enjoy the fruits of your labour!
After much thought there's one more possible scenario that could save the company. Minty had a short duration to have a look at the assets and if he thinks it's for real maybe he can make a deal. However given the procces of Sinoma having first right of refusal on purchasing I doubt this old Poe deal is very attractive to anyone looking at it and I think thats why he walked.
One more thing, I think given the huge amount of time and money it took to straighten out the books and the accompanying mess from the Poe era plus the latter of making everything compliant took one hell of a lot of time and money. If you dig deep and think hard the mees that Halbouni started is pale by comparison to Poe. Expensive autos, intrest free loans and salaries are peanuts compared to the way Poe screwed us. Poe took us for millions just on shares nevertheless the infamous 44 carat doorstop.