TSXV:CAV.H - Post by User
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ACESoveron Apr 10, 2014 12:23am
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Post# 22433489
Class action
Class actionIf memory serves me correctly this class action was intiated by an investor with an Oriental sounding last name who was into Baja for a couple of million or so before the shite hit the fan. The basis of the claim was Greenslade had misrepresented the state of affairs as late as February 2012 (approximately) and stated the Boleo project was "on schedule" and "on budget". Then in just two short months (approximately) the company announced the cost over runs in the hundreds of millions of dollars and delays in construction. The reason I remember this fairly clearly is because I added to my postion based on Greenslade's optimistic news releases around the same time frame. I saved the class action information as per the following link: https://harrisonpensa.com/baja-mining-securities-class-action
ACE$over.