OTCQX:BGMZF - Post by User
Comment by
ovison Sep 04, 2012 1:14pm
144 Views
Post# 20315549
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: 2.412
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: 2.412 >>what would the crux of the law suit be<<
Read the lawsuit that was filed against Nova Gold when they reported a significant increase in development costs. Then do a global edit and replace
Significant increase in cost estimates
with
Significant decrease in resource estimates
and you'll get a pretty good idea of how the suit might read.
Of course, BGM may come back with a compliant report and the BCSC will say job well done the resource estimate will incrase and the stock will open at $15 per share. It could happen but then again it might not roll out quite that way....