Hickory, Congrats on the first post on the the Gemini Board. At this point in time there is little going on that is much more exciting than watching paint dry. What little I know on the legal front:
Regarding the past President's Defamation Suit: It is my understanding that counsel for Mr. Laird filed his Statement of Defense in the Supreme Court of British Columbia on October 27, 1999. It is available as No A992417 from the Vancouver Registry.
Regarding the Shareholder's Derivative Action: As of November 3rd, Mr. Laird was still waiting for a Statement of Defense from Jarvis, Hislop & Campbell. They missed their first deadline of October 31st and Mr. Laird's Attorney graciously gave them an extension to November 15th.
And finally, on Laird vs Ultra: Mr. Laird received a letter on Nov. 3 confirming that Burnett, Duckworth, Palmer (BDP) will no longer be acting for Ultra. Apparently this was the same firm that withdrew their services from Jarvis and Hislop on Sept. 13. I've never heard of Attorneys withdrawing from a case they could win. But, heck, maybe Canadian Attorneys are a little more self sacrificing than their US brethern--even if they could win a case, if they have a moral conflict they might withdraw. Geeze, that couldn't be right. LOL. Anway, usual disclaimers on my part. Everyone do their own Due Dilly and check out the facts and motives behind the NRs and make their own decisions. I'm still trying to get the cast of players figured out.
I might BE way off base on this, but I'm sure enough of my foggy memory to post by conjecture: I noticed that there is a little excitment over on the UP thread regarding Questar's activity in the Mesa. I think that if the Pannonian Partners suit against UP is successful the Mesa Property will also go back to GNI as would the Gemini property. I believe that Mr. Laird has always hoped for the best for Questar, as he would like to have them as a partner in the future. LOL. If anyone wants to point out any glaring errors here, I'd be happy for the corrections. Regards to all, looking for some way cheaper shares in the future. Lew |