CGM 0.00% 0.1¢ cougar metals nl

Elcorp, yes you do if you continue to make unfounded non-factual...

  1. 7,026 Posts.
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    Elcorp, yes you do if you continue to make unfounded non-factual statements and representations.

    Examples: You're missing the key points:

    1. Early Oct 2017: CGM's (and thus DNI's) key Driller was jailed. Fact.

    2. 3rd Oct 2017: CGM/DNI ceased drilling. Fact.

    3. 9th Oct 2017: CGM's Executive Chairman arrives in Madagascar. Meets with Dan Weir from DNI. Fact.

    4. 10th Oct 2017: CGM's Executive Chairman was advised that Warrant for his Arrest had been issued. Now in Madagascar. Fact.

    5. 24th Oct 2017: CGM's Driller released from Madagascar Prison. 24 days after arrest and imprisonment. Facts.

    6. 27th Nov 2017: CGM's Annual General Meeting. Fact.

    7. 4th Dec 2017: CGM's shares in Trading Halt. No Explanation. Fact.

    8. 6th Dec 2017: CGM Releases ASX Ann: 1st time some of above were advised to shareholders. Fact.

    Question: How come CGM Shareholders-and also DNI-were not advised prior to 6th Dec 2017?

    It's the fiduciary and corporate responsibility of Boards of both CGM and DNI to keep market and shareholders fully informed. And based on their facts, they clearly have failed.
 
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Currently unlisted public company.

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