GREY:CCNMF - Post by User
Comment by
justwinon May 22, 2009 12:18pm
420 Views
Post# 16009384
RE: Financials are out
RE: Financials are outThe Company successfully
applied to the Manitoba Court of Queen’s Bench for an Order directing HudBay to produce all
relevant documents. HudBay refused to produce the working papers of its auditor, Deloitte &
Touche, in respect to their audit of the company’s net profit interest. On December 11, 2008, the
Company filed a motion to compel production of the working papers. There have been several
court appearances in respect of the motion, the next scheduled for June 16, 2009, but final
argument on the motion will be held at a later date.
Gee, HB being a tad tardy in showing the auditors books. Who would have thought?
IMHO damages could be huge it this proceeds.