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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by discern1on Jun 01, 2011 11:56am
371 Views
Post# 18656411

RE: RE: RE: RE: Prognoz court case finalized?

RE: RE: RE: RE: Prognoz court case finalized?I emailed John Helmer to receive some clarity on the Prognoz proceedings.
My questions:
I have found it difficult to understandthe actual litigation that has been going on in Russia.  Press releaseshave been minimal and have felt rather cryptic.  From your understanding#1  is there any oustanding court proceedings occurring regarding Prognoz?And #2  did High River Gold leave the bankruptcy proceedings retaining its50% rights to the Prognoz property?


Johns response
I'm not sure that all courtproceedings have been wound up -- Mordashov has every reason to keep up thepressure. Yes, HRG/Buryatzoloto/Mordashov have left the bankruptcy proccesswith their 50% intact, but without the other 50% they wanted. 
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