RTG 2.27% 4.5¢ rtg mining inc.

It is Xmas party season already here in the Philippines and most...

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  1. 136 Posts.
    It is Xmas party season already here in the Philippines and most of what I here comes
    laden with lots of alcohol in between. There is nothing to be said anymore about Gina Lopez
    that hasn't been rehashed into a hundred different stories. Without much actual mining,
    its backroom stories that are the only thing left to talk about.

    From what I heard, the MOA in June was supposed to settle everything.
    Mike Carrick apparently threw a winning pitch that came up positive
    Suits were dropped, co-permittee issues dropped, and the JV partner agreed to have his
    interest incorporated into Mt Labo
    I lost track after as it was alls well that ends well

    At a party last night, I heard that RTG moved to dilute the JV partners interest,
    and the partner threw a hissy fit about it. Then, something about missing corporate details on Mt Labo papers.
    Based on what I read here in the forum, I figured that it was headed to arbitration, nothing extraordinary
    End of party

    It was only this noontime that I heard of local court proceedings
    Thus, my post later asking for details
    Headed to another Xmas party later today, will see if I can get more info
    But as all things Filipino goes, it will be half-right and half- wrong
    Would rather get the lowdown from an announcement
 
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