Legal action against VENThe political risk with VEN is enormous. Now the vendor wants the property back. No matter how much the CEO tries to tone it down, they are in trouble. This could go either way. I guess having good connections is going to be important. There is corruption and nasty stuff going on down there left and right and VEN are not playing on their home turf.
Oh well.. as that legal action probably is going to take a long long time, VEN investors are in the mean time more than welcome to buy shares in ATC and their Rau property.. which is and will remain 100% ATAC owned, with no underlying royalties. No-ones gonna come and try to take this huge gold trend away from ATC. And ATC doesn't yet have a market cap of $1.1 billion.
https://www.winnipegfreepress.com/business/breakingnews/75127467.html
Ventana Gold Corp. (TSX:VEN) said Thursday the owner of a gold mine in Columbia has launched legal action in an attempt to invalidate an option agreement for Ventana's subsidiary CVS Explorations Ltda. to buy the mine.
Sociedad Minera La Bodega Limitada, the seller of the mine, is seeking arbitration to have the property returned after CVS operated there for almost four years.
Sociedad Minera La Bodega Limitada is a private company controlled by members of the Gelvez family of Bucaramanga, Colombia, and is the title holder to the La Bodega property.