OTCPK:BMTNF - Post by User
Comment by
claritason Apr 12, 2011 1:36pm
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Post# 18419947
RE: Thats what I am saying since many months...
RE: Thats what I am saying since many months...Shareholders will need to check the mandatory corporate filings on SEDAR.
https://www.sedar.com/search/search_en.htm
The Company can't get away with not disclosing proceeds from any settlement.
The real question is whether or not Madison still had any claim to Mt Kare. Yes, they did write off the investment in Buffalo shares they received in that ill fated deal. Now what requirements did they have to keep the claims in good standing and did they comply.
In their latest filing on SEDAR for March 31, 2011 they simply state the Mt Kare project was in liquidation.
They note in the October 2009 annual statement that '
The exploration license has been renewed for a two-year term to August 2010'
What happened after that date is a mystery, at least it appears so.
If anyone can correct me, please feel free to do so.