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Baillie Gifford US Growth Trust plc BLGFF

Financial Services Asset Management
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.


PINL:BLGFF - Post by User

Baillie Gifford US Growth Trust plc
Bullboard Posts
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(3)
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Comment by jsnfernleyon Nov 03, 2009 3:40pm
802 Views
Post# 16449064

RE: FRAUD?

RE: FRAUD?There were 40 drill holes reported on, 20 of them were changed and listed as "Unsupported Assays" in the table with the press release. The only bonanza grade not substantially confirmed was in hole NFX 09-049. Thirteen double digit assays were changed to single digits.

My question is why did neither of the other two people receiving copies of the assay data via email, assuming the QAQC protocol was still being followed, not see that something was amiss?

This is from the QAQC protocol from the last 43-101 report I originally posted on 7/22/09:

Reporting of Assay Results:

-Please report assay results only to Bernard Boily of Maximus Ventures

-Please forward original hardcopy to assay certificates and invoices to Bernard Boily -

Maximus Ventures

-Please forward digital assay certificates (Excel spreadsheet format) via e-mail to the following

persons ONLY:

Bernard Boily (boily@maximusventures.com)

François Viens (fviens@maximusventures.com)

Kathia Caron (kcaron@maximusventures

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities