GREY:CCNMF - Post by User
Post by
Schmidon Jan 20, 2014 7:00pm
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Post# 22113284
Half my MIN money is here now.
Half my MIN money is here now.I am in, I am down. When do we get our dividend payment? 0):
-a rare bird, a dividend paying Venture play, sweet.
-a normal course issuer bid renewed.
-A great option agreement on participation in Excelsior's attractive Copper mine.
-Hudbay litigation a slam dunk, with them admitting they shredded documents. The lawyers and accountants just need to get their piece of the pie apparently, as Hudbay is apparently too stubborn to settle and save themselves the fees, IMO.
-All the above, my opinions only. This is from a recent release: Litigation Update
The Company has filed an amended statement of claim in the Manitoba Court of Queen's Bench in its law suit against Hudson Bay Mining & Smelting Co. Ltd., a subsidiary of Hudbay Minerals Inc. ("Hudbay"). See Callinan's news release dated August 26, 2013 and Callinan's website for details.
The amended statement of claim will seek additional damages arising from the improper destruction of documents and financial records by Hudbay which effectively prohibited Callinan from conducting an independent audit of Hudbay's records as was agreed with Hudbay.
The Company has been informed by its legal counsel that Hudbay indicated that it will consent to the amendment on a without prejudice basis. The next step will be a further affidavit of documents dealing with the new issues followed by scheduling of examinations for discovery. Callinan is vigorously pursuing the litigation and will promptly report material developments.
Read more at https://www.stockhouse.com/news/press-releases/2013/12/17/callinan-announces-continuation-of-normal-course-issuer-bid-reports-on#4VqfFmQ88B2DOSRS.99