RE:Can anybody ever win a pursuite or any other process Geckomeister has raised many questions regarding the ethical conduct of Abcourt management. His primary motives remain uncertain to me.
However, he claims that he is trying to protect the value of his investment.
In the short run, his negative posts slamming the company appear to be helping those still wishing to buy ABI shares at a very attractive price. We might be grateful for that?
So for now, while we await better financial news regarding the Sleeping Giant mine, it is again an opportune time to accumulate a few more shares. Hinse has no NSR on the SG mine!
Never look a gift horse in the mouth, and never get involved in someone else's law suit!
Furthurmore, if the matter in question ever takes on the stink of a class action lawsuit, stay clear of that!
Those kind of lawyers try to make a living involved in what often become fiascos for public company shareholders.
Class actions require the defendants to lock up their shares for as long as the legal preceedings last. No trading allowed!
I learned this painful lesson some time ago. I thought that my case was legitimate and so apparently did the lawyers, but to no avail. We lost our case and I lost the ability to trade for a significant amount of time. That was a costly mistake for me!
What Gecko might try to do is simply contact a lawyer with an understanding of securities law and get him to petition Abcourt mines for copies of the appropriate documentation.
This should be a simple matter to accomplish without any significant financial expense. As a major company shareholder, he and his legal representative should be entitled to a positive response from management.
Management should have nothing to hide. Abcourt is a publicly listed company with obligatory rules that must be followed.
If Abcourt refuses to comply, it might be construed like an admission of guilt.
So then his lawyer might have to obtain a court order to gain the desired access to any records that may exist. They should be on file in the company records department. Every miner would have some record on file about the NSR that they are required to pay.
Furthermore, the lawyer could similarly access any other needed company documention.
Once Gecko determines if the NSR is legitimate or not, then the matter should be settled once and for all! Then all shareholders, may then properly focus, once again, on what's really important.
Profits matter the most!
But shareholders do have rights!
All the best! Java