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Bullboard - Stock Discussion Forum Altamira Gold Corp V.ALTA

Alternate Symbol(s):  EQTRF

Altamira Gold Corp. is focused on the exploration and development of gold and copper projects within western central Brazil. It holds six projects comprising approximately 190,000 hectares, within the prolific Juruena gold belt. Its Cajueiro Project comprises a large land package (28,557 ha) and is located in the Alta Floresta Gold Belt, a Proterozoic calc-alkaline volcanic arc, which includes... see more

TSXV:ALTA - Post Discussion

Altamira Gold Corp > Alta still not terminated Metalstream, problems brewing
View:
Post by metals2019 on Mar 31, 2021 9:58pm

Alta still not terminated Metalstream, problems brewing

Found these posts online by the former legal counsel Metalstream Aja Yunus. Her posts attached below. Employee issues developing within the company.

Former Legal Counsel Aja Yunus of Metalstream, Blockchain Labs Asia, Enrga and all of the other associated entities is persuing Director Eli Weir for unpaid salaries since October 2020. It can be found on the respective companies google reviews. 


12 hours agoNEW
Critical: Professionalism
I'm no longer working for the company because of non payment of salaries. The director of the company, Eli Weir has also failed to pay the salaries of the employees in one of his companies (Blockchain Labs Asia) from October 2020 until now, failed to make statutory deductions to the relevant government agencies for years even though deductions were made from the salaries. Eli Weir has been given various excuses which in hindsight are baseless. He has been given countless promises and due dates to sort this out but never honour his words. He also failed to update the employees on their unpaid salaries and/or the status of employment and has been avoiding communications. The employees are in the midst of taking appropriate actions.

For Blockchain Labs;


a day agoNEW
Critical: Professionalism, Quality, Responsiveness, Value
The company has failed to pay the salaries of the employees for months (from October 2020 until now), failed to make statutory deductions to the relevant government agencies for years even though deductions were made from the salaries. The CEO/ Director of the company Eli Weir has been given various excuses which in hindsight are baseless. He has been given countless promises and due dates to sort this out but never honour his words. He also failed to update the employees on their unpaid salaries and/or the status of employment and has been avoiding communications. The employees are in the midst of taking appropriate actions.
Comment by Marphine on Apr 02, 2021 10:40am
I understand why you want to talk the shares lower here, by brewing problems that are not relevant to Altamira. But the Altamira/Metalstream deal has been dead and buried for several months already now! try something else. Glta longs
Comment by metals2019 on Apr 04, 2021 9:16am
On the contrary, I would like to see ALTA rerate just like when Mike announced the default notice to Metalstream (which saw ALTA stock doubling). Unfortunately, it fell short of a termination. IMHO upon termination of the Metalstream deal, ALTA should rerate to around $1.25 in my estimation. Just saying....