Read through the latest financials... and not one word about CAA obligation, contingent liability, production royalty payment or mined tonage obligation.

I find it hard to believe this financial and others can pass the test of meeting GAP requirements..... In fact 2 auditors have told me it does not based on the legal issue before the courst and recent decision of the judge regarding the obligations of HBM to maintain seperate books for the 777 mine and Callignan mining operations.

I think HBM will have no recoarse soon other than making an offer to purchase CAA in it's entirerty to make this problem go away.

They are sitting on over $750 million in cash, so I think their check will be good...LOL

It's going to take a good portion of that cash to make it happen though!

Looks like HBM managment think they are located in Equidor or Venezuala.

JMHO