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Gold/Mining/Energy : Mongolia Gold Resources -- Ignore unavailable to you. Want to Upgrade?


To: Dave R. Webb who wrote (3279)3/23/1999 8:46:00 PM
From: Phil Jones  Read Replies (1) | Respond to of 4066
 
Dave, with my last question I had in mind the situation where, even though TD and MAC know MGR's interest in an issue, it's in neither of their interests to raise the issue in court. For instance if the court is looking at whether MAC defaulted on its loan payment, neither TD nor MAC might want to raise the issue of whether the loan could have been legally made in the first place. I believe that in litigation in Canada between two parties, a third party can ask to be added as an interested party to the litigation if the third party's rights might be affected by the outcome. I thought that might be possible in the Mongolian courts. Anyway, this is a moot point since MGR wasn't in fact made a party to the litigation according to your last post. I'm looking forward to learning the outcome.



To: Dave R. Webb who wrote (3279)3/25/1999 1:29:00 PM
From: Phil Jones  Read Replies (1) | Respond to of 4066
 
Dave, is it a definite that the TD/MAC decision will be out in a day or so, or is that conjecture? Judges can sometimes take years to write and release a decision in Canada. There was one infamous case that I remember in the Federal Court of Canada where the judge took 5 years. I don't think I could wait 5 years for the TD/MAC decision. Phil