GREY:CCNMF - Post by User
Post by
Canadamooseon Aug 27, 2013 10:04pm
559 Views
Post# 21702420
A Good Word for Callinan Roayalties Managment
A Good Word for Callinan Roayalties Managment On aug 26 Callinan Royalties gave Hudbay Minerals a 30 day notice that time for playing nice nice has gone by. Callinan is lawyered up with 2 well seasoned securities litigators on its board. Considering that the company's position is just and reasonable, and the dispute seems to stem from Hudbay's denying access to the books,Hudbay could be in for a uncomfortable ride. Only societal good will ensue if royalty payers are held aaccountable to those due royalties. In fairness to Hudbay: Hudbay's position may be that if a Royalty Holder loses its books in what the loser of the books considers good faith, its perfectly reasonable. Canada Moose takes the position that we are in the age of the Computer, not the age of the Dog Sled, and you cant pull the we lost the books shenanigan no more. Smarten your tails up HudBay Minerals
Canada Moose