Post by
rigpig99 on May 10, 2024 11:42am
9 years of company reported false assays
Do your own DD but to me this should mean that the company is responsible for the former CEO's actions. And that there will be reason for the large investors to file lawsuits to get what they can back. Alamos is a large player here so they may be able to get the whole property for very little if they still want it as bankruptcy settlements are made. The retail investor will likely be left out to dry. The property that the company owns may still be very valuable but the company may have to give it up and declare bankruptcy to settle lawsuits.
Just my opinion.