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Edward Vranic, CFA
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I am a private investor based out of Toronto, Canada and I have been investing since 2003. After 8 years in Corporate Finance with a Canadian Telecom company I have decided to dedicate myself full-time to the capital markets. I write on Seeking Alpha to demonstrate my financial analysis and... More
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  • Update On Stans Energy 1 comment
    Aug 26, 2014 12:47 AM | about stocks: HREEF

    Since my article on Stans, I have had dialogue David Vinokurov, Vice President of Corporate Development, to clarify some issues. There was some question as to how they $118M settlement was reached and if the mining licenses are still valid. I have provided a screen capture of this email conversation for those who wish to read it.

    I can also confirm through this email trail that Stans is starting the collection process through its lawyers and that it has multiple targets in sight, including the Centerra shares. I am quite confident in the company's ability to eventually collect on this settlement, though it is too early to speculate on definite timing.

    Disclosure: The author is long HREEF.

    Stocks: HREEF
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  • opencurtin
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    Comments (18) | Send Message
     
    Thanks for that post Edward nice to see stans is acting diligently for its share holders in collecting the arbitration that was awarded for the punitive punishments heaped upon us for no good reason by the kyryg government born out of Chinese corruption .
    30 Aug, 05:51 AM Reply Like
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