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Strategies & Market Trends : Beat The Street With SI Traders

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To: hank2010 who wrote (91722)	12/19/2011 6:36:23 AM
From: E. Charters	2 Recommendations of 233890

Coeur's best option now is to strike a deal with Rye Patch IF their legal advice is they will lose. Who else best to mine it? Courts tend to favour publicly held companies if the loss is due to a glitch, oversight or honest mistake, which after all, is employee generated often, and not do to massive board negligence or internal company policy. I have seen this precise cause more than once in the past. I know a geologist who lost the Freeport McMoran in PNG ground back in the fifties due to his lawyer failing to file the assessment or make some payment. This same geologist almost lost the Texas Gulf (Kidd Creek) ground back during the same era because a different lawyer almost failed to file some assessment work. Moral: Always do the vital work yourself and never trust a lawyer.

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