TSXV:AZM - Post Discussion
Post by
pigsandsheep on Jun 01, 2023 1:33am
What happened t0 discovery of the year ELMER????
https://mdf-law.com/securities-fraud-complaint-filed-against-gatos-silver-gato/Summary of Securities Fraud Allegations against GATO
The complaint filed in this class action alleges that Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors:
- The technical report for Gatos’s primary mine, the Cerro Los Gatos deposit, contained certain errors;
- among other things, the mineral reserves had been overestimated by as much as 50%; and
- as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis
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