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Bullboard - Stock Discussion Forum Emerita Resources Corp V.EMO

Alternate Symbol(s):  EMOTF

Emerita Resources Corp. is a natural resource company engaged in the acquisition, exploration, research and development of prospective mining properties in the Iberian Pyrite Belt (Spain) with a focus on traditional base metals (zinc, lead and copper) and precious metals (silver and gold). The Company has a 100% interest in the Iberian Belt West (IBW) project. It also holds the Nuevo Tintillo... see more

TSXV:EMO - Post Discussion

Emerita Resources Corp > The law is the law ...
View:
Post by urai58 on May 27, 2021 12:20am

The law is the law ...

... Correct, this applies to Emerita Resource and especially to @Drjimjones. 
 
His statement "9 bad actors criminally charged" at CEO.CA yesterday is false.  I will now explain to you what the status of the case is. Emerita Resources has not provided any new case related information since the NR EMO of 10/3/2021:
 
The court ordered the prosecutor's office to open a criminal case. Presumably the prosecution is in the process of drafting an indictment.
 
Once this indictment is available, the criminal court will decide whether or not to try the case. Only when the defendants have been convicted by final judgment will the administrative proceedings continue. There, it will be decided whether Emerita Resources has subsequently won the tender.
 
In criminal law in Europe, the presumption of innocence applies. The presumption of innocence requires that the person suspected or accused of a crime does not have to prove his innocence, but that the prosecuting authority has to prove his guilt. This applies until there is a final judgment. In the complicated Spanish legal system, this can take time ... and take time ... and take time ...
 
 
If @Drjimjones suggests in a public forum CEO.CA that people from Grupo Mexico are involved in the criminal case, he may be committing a crime.
 
Link:
 
From my research, no one from Grupo Mexico (international group with 10b$ turnover) is involved in the proceedings. 
 
The company involved, which won this tender, is Minera los Frailes.
 
Minera los Frailes is owned by Grupo Mxico (97.31%), a leading mining company, holder of the largest reserves of copper in the world, and Minorbis, Grupo Magtel (2.69%), an Andalusian technology company.
 
 
 
Alleged defendants are the two owners of Magtel. As mentioned above, until a final verdict is reached, the presumption of innocence applies.
Link:
 
urai58
 
Translated with www.DeepL.com/Translator (free version)
Comment by Ogopogo007 on May 27, 2021 7:10am
https://mineralosfrailes.es/ Interesting the last "Job offer' on that website is 2015......
Comment by urai58 on May 27, 2021 7:41am
Perfect @Ogopogo007. You have captured it to the point. Since Emerita Resource could not accept the verdict - to be only 2nd - there are just no jobs. Hence the resentment in Aznalcollar towards Emerita Resources. Links: https://s1.eestatic.com/2020/08/05/actualidad/actualidad_510709994_157080926_1706x960.jpg https://www.elespanol.com/espana/andalucia/20210210/maldicion-aznalcollar-calvario ...more