Good Questions"How can you trust a supposed partner like GAI."
The answer is: You can't.
Golden Arch management will be taken to task, either by Bolero Management or Bolero shareholders. Golden Arch will not be allowed to weasel their way out of a deal, just because they felt like it.
The same goes for Bolero Management. How can they be trusted?
And Don't think the reputation of the TSX isn't on the line.
Ask Sage.
As far as Mike England is concerned, from the tone of Hhappy's post Mike has already written his own epitaph. How could anyone trust a public company manager (Mike) who would let his supporters suggest he is willing to walk away from assets that are obviously worth far more than the amount Bolero invested.
Mike reported that most of the funding Bolero raised has been missappropriated one way or another, described as "other opportunities". That is unfortunate. However, that can't be corrected by walking away from real assets and waving a new Christmas tree ornament. (Red lake)
I will bet Kazzman'z bottom dollar, if Bolero walks from Mildred Peak Mike & his fellow till raiders will be drummed out the PUBCO business forever.