Palisades Goldcorp Ltd V.PALI

INFO ON THIS LAWSUIT, COLLIN KETELL'S HOLDINGS & PALI NCIB.

[bjbear]

I keep hearing about a lawsuit but please inform me what you are talking about?  I am not aware of any lawsuit.

Collin Kettel has about 15 million shares of PALI and only about 5 million shares of NFG. I guess he is betting PALI is underpriced. Moreover PALI has a NCIB (normal course issuer bid) for this coming year while NFG has none. Companies do a NCIB when they find their shares are underpriced.

Do your own due diligence by going to both websites.

[Spikearoo1]

Its in the MDA: Contingent Liability On November 15, 2019, ThreeD Capital Inc. (“ThreeD”) and 1313366 Ontario Inc. (“131” and together with ThreeD, the “Plaintiffs”) each entered into share purchase agreements (the “Share Purchase Agreements”) with the Company under which the Company agreed to purchase the 13,500,000 Common Shares of New Found owned by ThreeD and the 4,000,000 Common Shares of

[nozzpack]

I have reviewed that lawsuit on the PALI BB. Defendants are PALI, NFG and Colin Kettel. Based on my non legal opinion, the evidence suggests that the lawsuit is more frivolous than serious, plus  PALI insiders would not be buying PALI shares. FWIW