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Bullboard - Stock Discussion Forum Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and... see more

TSXV:HRE.H - Post Discussion

Stans Energy Corp > Stans Award - Hope for a settlement out of the gates
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Post by 123buyholdhope on Jun 15, 2019 5:58pm

Stans Award - Hope for a settlement out of the gates

Just to give an idea of how much time an award can be tied up in court after the arbitration award date. For example, two of the most recent cases we have highlighted on this board  –

TMI v Bolivia - award (was approx. 7% of claim) made in August 2018; still no word June 2019 of any settlement or further court action. Without settlement then look for another legal year plus of wrangling.

Rusoro v Venezuela  - highlighted by other posters on this board. Award made August 2016; latest appeal dismissed May 2019.  However, note - yet to be a move towards any payment of the approx. 50% award as the damages were annulled by French Court in Jan 2019.  Court still allowed the $100 mill (approx. 8% of the originally total award amount) agreed to be paid earlier prior to annulment by Venezuela, but you guessed it, it’s nowhere to be seen.

As several have suggested on this board Stans better hope for a large award and settle if possible for a smaller amount. If they don’t come out of the gates with a settlement (hopefully in July) then we longs better hope that the REE story just keeps trending up.

GLTA -  https://twitter.com/EarthsRare
Comment by Stansman on Jun 15, 2019 7:16pm
Finally a voice of reason.  This company is broke.  Is in no position to take on any kind of mining project.  This is is a classic sell the news trade.  I see no reason why the republic just hands over cash without tieing this up even longer, years and years.   Money key to be made but be realistic folks
Comment by TrickyGame on Jun 15, 2019 7:54pm
I keep telling you guys the republic can't keep screw over companies/investor's or they will get no foriegn investment and thier economy will tank/decline. They need to regain investor confiedence and the best way to do that is to settle the disputes with companies/investor's that are currently ongoing. There was a change in government in the republic and they have settled at least one ...more  
Comment by Stansman on Jun 15, 2019 11:27pm
https://www.google.com/amp/s/m.timesofindia.com/india/pm-modi-announces-200-million-line-of-credit-for-kyrgyzstan-as-two-sides-sign-15-pacts/amp_articleshow/69793579.cms does not sound mike they are having issues making friends because of a small mining company in North America...
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