Golden Dawn Minerals New V.GOM

Primary Symbol: GDMRF

Metals & Mining Industrial Metals & Minerals

"Golden Dawn Minerals Inc is a Canada based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. The company is an exploration stage company being all the mineral properties it owns are in the exploration stage. The company operates Greenwood Gold Project which consists of a mill, tailings facilities, mining machinery and equipment and the Lexington and Gold Crown exploration properties located in the Gree

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Golden Dawn Minerals New

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Comment by oldvsetraderon Feb 14, 2019 12:12pm

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Post# 29364558

RE:RE:RE:RE:RE:RE:Lawsuits have started

In BC, if a claim is under 25,000 it goes to small claims court, all others above this go to BC Supreme court. T-drilling has a promisory note, the judge will verify and give them a judgement against GOM. They are not in or near recievership and probably cant afford to do it as you need $50,000 to file. RIVI has a first charge claim over the Crown/Lex. They would go to BC supreme court and have a judement and get the 2 assets that they have a first claim mortgage over and the court would award the properties to them based on that. This is very early in the process, so there are no proceedings regarding receivership/bankruptcy/liquidation. Either way, RIVI is first in line for those 2 properties. All other claims would target the mill and other properties for payment of debts.

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