OTCPK:PGMFF - Post by User
Comment by
Sherry35on Apr 15, 2023 1:19pm
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Post# 35396729
RE:RE:RE:RE:RE:RE:jake
RE:RE:RE:RE:RE:RE:jakeshelby - Slight correction to your post. PGM share holder Eric Sprott will not get his money back or bemade whole. He is in the smae position as you if he still holds his shares. Most leikly dumped last fall on the news. You both share two things: declare a CNIL on your 2023 tax form and the lawsuit. Make sure you register as client. They'll want proof of PGM holdings.
Sprott Lending will be getting some money back in the form of service fees reimbursement (they are floating the CCAA) and their claim on the PGM state. The latter may dewindle due to a carve out on the PGM estate.
So, this lawsuit is very interesting. This Vancouvered based lawfirm is going after quite a few uniqulely managed companies. Hmmmm. Eureka. SO what pot of gold are they taping into: PGM CCAA estate (carve out), O&E insurance, personal assets or all of the above. The former is on definitely on the table. I feel sorry for the mom'n'pop creditors should this be approved by the courts.
Are you a client or stock juicer?