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TNR Gold Corp V.TNR

Alternate Symbol(s):  TRRXF

TNR Gold Corp. is a Canada-based green energy metals royalty and gold company. The Company is engaged in the business of acquiring and owning royalties. It is also engaged in the business of acquiring and exploring its mineral properties located in the United States. At its core, it provides a scope of exposure to gold, copper, silver and lithium through its holdings in Alaska and royalty holdings in Argentina. Its projects include the Shotgun Gold Project, the Los Azules Copper-Gold Project, and the Mariana Lithium Project. The Shotgun Gold Project is an advanced-stage exploration prospect in southwestern Alaska. The Shotgun Gold Project is located in southwestern Alaska approximately 150 kilometers (km) north of Dillingham and 190 km south of the Donlin Gold Project. The Los Azules Copper-Gold Project is in San Juan, Argentina. The Mariana Lithium Project is located in Argentina. Its subsidiaries include 0828073 BC Ltd., Ameri Gold Corp., Bristol Exploration Co. Inc., and others.


TSXV:TNR - Post by User

Bullboard Posts
Post by Murphymouseon Oct 02, 2012 9:04pm
368 Views
Post# 20440408

Its a win either way

Its a win either way

 

 

In the case of TNR vs McEwan, I say McEwan wants it both ways: McEwan doesn't want the court to use rectification claiming a deal is a deal. Although the Letter of Intent says one thing, McEwan says: we agreed to another, that is signed sealed and delivered. Forget there was a Letter of Intent. What is written counts.

 

Then McEwen says: although its not written, Escorpio IV is in the deal...although every property in the deal was itemized, McEwan wants Escorpio IV added to their option...I guess you could use the term rectification here too.

 

So if rectification is raised, TNR gets it all. if rectification is not allowed. Escorpio IV is still the property of TNR. First position is best. Second position still sounds like $100 million to me.

Bullboard Posts