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GoldON Resources Ltd V.GLD

Alternate Symbol(s):  NCMBF

GoldON Resources Ltd. is a Canada-based mineral exploration company, which is focused on discovery-stage properties. The Company is in the business of exploring its mineral exploration assets. Its projects include West Madsen, Slate Falls, Pipestone Bay, Pakwash North, McInnes Lake, McDonough and Hagarty Creek. The Pipestone Bay Property is located within the Red Lake Greenstone Belt (RLGB) approximately 32 kilometers (km) west of the town of Red Lake, the 1,015-hectare Pipestone Bay Property lies in an area of numerous significant gold occurrences, including two past producers and four developed prospects. The Hagarty Creek property comprises 17 mining claims covering 7,731 hectares. The property is approximately 46 kilometers (km) southeast of the town of Longlac in the municipality of Greenstone, Ontario. The McInnes Lake Property is located over 115 kilometers (km) north of the town of Red Lake. The West Madsen Property is located in the heart of the Red Lake Gold Camp.


TSXV:GLD - Post by User

Bullboard Posts
Comment by marginedouton Jul 26, 2011 4:14pm
296 Views
Post# 18875337

RE: So Sue Me ... A lesson in libel

RE: So Sue Me ... A lesson in libelThere is a fine line  betwen freedom of expression and defamation. For example, I understand that it is perfectly fine to say that :"It is my opinion that a... b...  is an incompetent scoundrel" and actually saying "a... b........ is an ......".
One is entitled to an opinion and to express something as being your opinion. You are not entitled to make the allegation itself without consequences.
Looking at ome of these comments, some would appear  to be libellous, others simply do not appear to be so. But that is only my opinion.

Is overstatement libellous? Could one say without being libellous that under some CEO's farsighted, outstanding, Warren Buffett/Bill Gates like  leadership, his company stock went from 60 cents in mid 2008 to 3 cents at the end of 2008?  Stop laughing, this is a serious topic and i want a serious answer.  But do not compare that CEO's leadership to Bre-X's David Walsh or Bernie Ebbers of World com as that could definitely be considered libellous. I do not know if Bernie Ebbers would sue for libel as a result of that statement

One can assert facts without libel, for example during this period, while Augen lost about 95%  of it's share value, Mr Mason received $.........  in salary, a vehicle or vehicle allowance, an unknown number of lunches paid for by the company AND ...... stock options. Some might respond that  shareholders who bought shares at 60 cents in mid 2008 had 95% of their lunch eaten, may have walked or took the bus,  received no stock options and suffered financial indigestion but that is just jounalistic license..

Someone raised an interesting point in regard to who would pay for Augen's lawsuit against these three posters. If he were to claim that the lawsuit arose out of his duties as an officer of  Augen, he would look for  the company to pay his legal fees.
If the alleged wrongdoing was of a non business matter and perhaps went to a morality or other issue, then arguably the CEO would not be so entitled. For example, if someone were to say that a CEO consistently kept more than his limit of salmon on fishing trips or that he fished with women other than his wife, that is not a corporate matter. If they said that the CEO used company funds to pay for  numerous fishing trips which were not for business purposes, that is a grey area. To be clear, I am not saying that some unidentified unnamed CEO is a poacher or wrongfully uses corporate funds to fund fishing trips or other things. I have no idea of what that CEO does or where he gets the monies for certain activities or whether they are nefarious..

Lastly, he is not and never has been a member of Wide Mouth Mason!


Bullboard Posts