Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Dispute with GOG

Oops, I see now that the securitization issue was only one part (A) of the first dispute with GOG. So the other issues may still be oustanding. In any case, I think this was the most important issue to be solved.

"Among the breaches of ECU which Golden Tag believes will be substantiated at arbitration are that ECU :

(A) Allowed a third party charge against the Property contrary to the JVA.

(B) Invoiced Golden Tag for joint-venture expenses but did not remit the funds to pay joint venture suppliers on a timely basis, some suppliers still being unpaid.

© Failed to timely contribute its equivalent pro rata share of funding to the joint venture.

(D) Failed to follow proper procedures and timely financial reporting."

Share
New Message
Please login to post a reply