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Gold/Mining/Energy : Gold Reserves Limited GLR - TSE

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To: Syncrude who wrote (372)7/25/2002 11:13:18 AM
From: The Vet  Read Replies (1) of 406
 
More CVG bashing of VVV.. I think we can cross Las Cristinas off Vannessa's list of assets...

mips1.net

Quoting a government commissioned report published in Quinto Dia last week, CVG laid it on thick. Supposedly under pressure for failing to earn a projected $500 million royalty from the Cristinas district, CVG is now in a rush to bring the massive reserves to account, and is making it abundantly clear that Vannessa is not the first, or even last, choice.

Whether the result of faulty translation, a lack of market sophistication or simple malice, CVG has accused Vannessa of trading its stock to pump up earnings and falsely pledging Las Cristinas as surety for loans.
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