Welcome to the Equinox Gold Hub On AGORACOM

Free
Message: Re: Rotten in Denmark......
20
Mar 17, 2011 01:11AM

For those in doubt we are being manipulated you must read the article:

Dances With Bears » NOW YOU SEE MY GOLD ASSETS, NOW YOU DON’T -By John Helmer in Moscow

-Mikhail Prokhorov and Polus are target of first ever FSA action.

If the Max's buddy and company sound familiar, check out allegations levied on Polus for devaluing Westway Mining

and transfering it to Polus. Minority shareholders got ripped off but the russian may not get away with it.

Same M.O. being employed here but Max aint gonna win. This ain't Russia and this ain't the 1900's.

Paydirt13


WeAstway toPayld Minesite that between 2003 and 2006, Polyus took over the gold-producing and exploration assets of Lenzoloto at one price; then devalued them for transfer to Polyus; raised their value to achieve a significantly greater capital value for Polyus; and thereby deprived Westway as a minority shareholder in Lenzoloto of the substantial difference in value. Calculated on the basis of under-valued or reserves allegedly lost to Lenzoloto, Westway’s claim targets an amount estimated at $526 million; of that, its 8% stake should represent a claim to about $42 million.

3
Mar 18, 2011 01:56AM
Share
New Message
Please login to post a reply