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Baillie Gifford US Growth Trust plc BLGFF

Baillie Gifford US Growth Trust plc is a United Kingdom-based investment company. The Company’s investment objective is to produce long-term capital growth. The Company seeks to invest predominantly in listed and unlisted United States companies. The Company invests in holdings in listed securities and private companies up to a combined maximum of about 90 companies or funds, typically with 30 or more listed security holdings. The maximum amount which may be invested in companies not listed on a public market shall not exceed 50% of total assets (measured at the time of purchase). The maximum direct investment in any one company or fund is limited to 10%. The Company invests in various sectors, including information technology, consumer discretionary, communication services, industrials, healthcare, financials, real estate, materials, consumer staples, and net liquid assets. The Company’s alternative investment fund manager is Baillie Gifford & Co Limited.


OTCPK:BLGFF - Post by User

Comment by Cheezetacoon Aug 30, 2009 6:10pm
432 Views
Post# 16262631

RE: RE: FRAUD - INSINUATIONS BY LLP?

RE: RE: FRAUD - INSINUATIONS BY LLP?What will really help this situation is when Bear Lake Gold gets the reults from thier investigation on the reserve reports.  You never know, it may be just one drill report on a vein that isn't accurate, once that is clarified the class action will have no justification and will drop.  However, if it proves to be major reserve reports on the entire property that are incorrect, then action has to be taken.  This lawsuit is not to just point the finger at people, it is to make sure that the company crosses it's T's and dots the i's before announcing a formal public reserve report so mistakes like this won't happen. 
Alot of people waited and bought on the news, which is supposed to be accurate, analyzed and verified by the company and a third party. 
I'm hoping on the upside here and hoping it was just a little glitch in one of the reports that can be corrected, proving that there is still a great potential here and normal operation can ensue.
Just my .02
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