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MountainWest Resources Inc. C.MWR



CSE:MWR - Post by User

Bullboard Posts
Post by SDavison Mar 06, 2014 1:08am
282 Views
Post# 22286934

Mining Rights on the Mina Pascua 22,000 acres are valuable

Mining Rights on the Mina Pascua 22,000 acres are valuableThe current US Class Action suits against Barrick Gold will bring funds to MSX and will be victorious through a 1988 Case (Basic v. Levinson) because ABX told deliberate lies and obtained future payments for gold and silver by claiming false rights to the 22,000 acres staked by Villar back in 1996; who then got a 2001 Injunction against any party claiming rights to the mining claims. ABX lied against Villar for years. So forget about Jorge’s claims since 2002 – 2012 because Villar turned over all rights to him through the actions by MSX Brent Johnson and $4 million to Chile.


The 1988 US Supreme Court decision in Basic v. Levinson — a case that sparked a tidal wave of securities-related, class-action lawsuits against publicly traded companies and has led to billions in settlements. The Basic case says shareholders who claim they were defrauded by false statements in securities filings don’t have to prove they actually relied on the statements. Rather, the court reasoned that any misrepresentation would be reflected in the current stock price. Even if investors are not aware of the misstatements, they are presumed to be aware of them because they affect the stock price. This presumption, known as the "fraud-on-the-market theory," has become the driving force for modern class-action securities cases. More than 3,000 private class-action securities fraud lawsuits have been filed since 1997, generating more than $73 billion in settlements.
https://en.wikipedia.org/wiki/Basic_Inc._v._Levinson
Bullboard Posts