Post by
nolancole on Aug 12, 2019 10:54am
My 2 Cents
I've been a STANS supporter and investor since January 2011. I've voted my confidence in STANS and my belief they will prevail in this case with my continued accumulation of shares for 8.5 years. I'm also a former semi frequent poster on this board. Thank you to a number of respectful long term posters of positive... and even constructively critical opinion. This is the last opinion I will share. I believe the Arbitration Tribunal met their commitment to render a decision to both parties by July 31. If the parties had been informed of a decision delay I believe STANS would have shared that update. If the decision was shared with the parties, and Kyrgyzstan was victorious, we would have heard loud and clear by now. If the award was significantly or completely in STANS favor... the parties would now be in settlement discussion which would benefit both parties. With recent news of the former president's corruption charges... Kyrgyzstan has additional motivation to demonstrate corruption is a past... not current issue. I base this opinion on a lifelong career in litigation. We will soon have our answer.
Comment by
TrickyGame on Aug 12, 2019 4:53pm
The Republic is different from bolivia because like nolan said they HAVE to show that the corruption is a thing of the past or else they wont get foreign investment. If they keep treating companies/investors like they treated Stan's then they will get no foreign investment and thier economy will decline.
Comment by
coyote on Aug 12, 2019 8:22pm
I believe this time is different. The jurisdiction question was settled before the case began and this PCA decision is supposed to be final. If this is indeed the case then the Kyrgs have no legal moves left.
Comment by
bobodolen123456 on Aug 12, 2019 8:43pm
But,again how will they pay,their only option is to settle for a lower amount and reinstate the license,in fact guarentee the license if they are looking to look for more outside investment,this is the option that concerns me as that will make Stans worth more than the spike in share price from positive news,making options granted to staff more suspect
Comment by
TrickyGame on Aug 12, 2019 10:04pm
If we get the license back with a guarentee the republic wont put a stunt like this again potentially HRE could easily go back up to the $2.50- $3 range easy.
Comment by
bobodolen123456 on Aug 13, 2019 11:58am
The question is how to play it as a license will likely not be in the settlement,that is likely to follow at a later date if it happens at all,if you sell on the news how long do you wait before you buy back in and not miss another halt with final settlement news
Comment by
timeforawinner2 on Aug 12, 2019 9:17pm
I agree i thought this was the court case they could ask for,if we just get a mine and some cash to get it going that would be a Great start and a even better end to all of legal battle GLTAL"s
Comment by
timeforawinner2 on Aug 12, 2019 9:59pm
sorry i meant to say the final court case there was no way to appeal this one and was binding maybe i am wrong
Comment by
TrickyGame on Aug 12, 2019 10:34pm
According to wikipedia, a PCA decision is final and the Republic went to the English Court in 2017 to have a judgement in favor of Stan's at the Tribunal set aside. The English Court rejected it so if we get a favorable judgement technically the republic should have no recourse. But I'm not a lawyer so maybe there's a loop hole somewhere. I hope not
Comment by
TrickyGame on Aug 12, 2019 4:08pm
Ok. So based on your experience with litigation how long would you say we have until Stan's puts out a press release about this ? FYI a poster here emailed Boris around the time the SP started dropping from $0.10 and Boris said he would have an update from the courts soon. That was August 7th I believe. Does that factor into your speculation?