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Ann: Trading Halt, page-24

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262 Posts.

39

15/10/18

15:53

Post #: 36128371
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Originally posted by gazzat: ↑

As an aside. This was an interesting news item I found.

Article can be found here
Man charged with theft of $1m in gold from Troy ResourcesBy Staff WriterSeptember 3, 2018Share  A Troy Resources Incorporated worker was on Friday charged with stealing in excess of $1 million worth of raw gold from his employer.The allegation against Kevorne De Freitas, 28, is that on August 24th, 2018, at 14 miles Mazaruni River, he stole 114 pennyweights of raw gold, valued $1,390,000, belonging to Troy Resources Incorporated. De Freitas denied the charge after it was read against him in Georgetown.Police Prosecutor Gordon Mansfield had no objections to bail but asked that conditions be attached and that the defendant lodges his passport with police.Police allege that on the day in question, acting on information received, they went to DeFreitas’ living quarters and conducted a search where they uncovered the stolen raw gold in a multicoloured haversack.According to the prosecutor, when questioned by the police, De Freitas admitted to the offence, while stating “officer is a lil hustle I trying to make.” Chief Magistrate Ann McLennan granted De Freitas his release on $200,000 bail.The matter has been adjourned until September 14th, when it will be called at the Bartica Magistrate’s Court.

Expand

Originally posted by gazzat: ↑

As an aside. This was an interesting news item I found.

Article can be found here
Man charged with theft of $1m in gold from Troy ResourcesBy Staff WriterSeptember 3, 2018Share  A Troy Resources Incorporated worker was on Friday charged with stealing in excess of $1 million worth of raw gold from his employer.The allegation against Kevorne De Freitas, 28, is that on August 24th, 2018, at 14 miles Mazaruni River, he stole 114 pennyweights of raw gold, valued $1,390,000, belonging to Troy Resources Incorporated. De Freitas denied the charge after it was read against him in Georgetown.Police Prosecutor Gordon Mansfield had no objections to bail but asked that conditions be attached and that the defendant lodges his passport with police.Police allege that on the day in question, acting on information received, they went to DeFreitas’ living quarters and conducted a search where they uncovered the stolen raw gold in a multicoloured haversack.According to the prosecutor, when questioned by the police, De Freitas admitted to the offence, while stating “officer is a lil hustle I trying to make.” Chief Magistrate Ann McLennan granted De Freitas his release on $200,000 bail.The matter has been adjourned until September 14th, when it will be called at the Bartica Magistrate’s Court.

Expand

Originally posted by gazzat: ↑

As an aside. This was an interesting news item I found.

Article can be found here
Man charged with theft of $1m in gold from Troy ResourcesBy Staff WriterSeptember 3, 2018Share  A Troy Resources Incorporated worker was on Friday charged with stealing in excess of $1 million worth of raw gold from his employer.The allegation against Kevorne De Freitas, 28, is that on August 24th, 2018, at 14 miles Mazaruni River, he stole 114 pennyweights of raw gold, valued $1,390,000, belonging to Troy Resources Incorporated. De Freitas denied the charge after it was read against him in Georgetown.Police Prosecutor Gordon Mansfield had no objections to bail but asked that conditions be attached and that the defendant lodges his passport with police.Police allege that on the day in question, acting on information received, they went to DeFreitas’ living quarters and conducted a search where they uncovered the stolen raw gold in a multicoloured haversack.According to the prosecutor, when questioned by the police, De Freitas admitted to the offence, while stating “officer is a lil hustle I trying to make.” Chief Magistrate Ann McLennan granted De Freitas his release on $200,000 bail.The matter has been adjourned until September 14th, when it will be called at the Bartica Magistrate’s Court.

Expand

In terms of value, I think they are talking in terms of Guyanese Dollars here - of which you
need 150 of to equal 1 Oz Dollar. Chicken-feed in other words.

TRY Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

1 Great analysis

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