GREY:HRIVF - Post by User
Comment by
1marketmakeron Apr 18, 2011 4:10pm
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Post# 18448767
RE: Nord Gold Estimation...
RE: Nord Gold Estimation...This DUTCH company owns 72% of a Canadian Listed company, and must play by the CDN rules with disclosure.
They have broken the law and they know it, as they've been formally told. Also, they are required to fix this error and have not done so. therefore, they are not illegally allowing this to continue. It will come back to haunt them as this is a perfectly clear example of them knowing something and not disclosing it. Regardless if the 2 million ounce amount is correct or not, they have not fixed the issue of perception.
Therefore, they (the CEO) has created this error and compounded it by doing nothing about it.