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By Tom Winnifrith | Friday 2 March 2018
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I gather that at least one critic of the current management at Pathfinder Minerals (PFP) has now received a lawyers letter in an attempt to gag him. So when the company last passed the hat around did it say that it would use the cash to hire expensive lawyers to attack those who had the nerve to question discredited boss Nick Trew and pompous Tory Toff MP NED Sir Henry Bellingham of the fraud 3DM infamy? Feeling rather left out I have an explosive letter below which alledges that Pathfinder is again misleading investors.
The letter is from Diogo Cavaco, chairman of Pathfinder Mocambique SA with which the company has been engaged in a legal deadlock for what seems like an eternity. Quite simply Diogo says that the RNS of 26th February was untrue and that investors were thus lied to.
Diogo's letter has been sent to useless Nomad WH Ireland and also to the poltroons at AIM Regulation suggesting that they act to stop management making statements that are untrue and to be forced to correct past errors. Whether they will do anything is uncertain as this is the AIM casino so lying is not really a problem is it?
However where the regulators and crony capitalists fail, maybe shareholders will succeed. An EGM will soon be called to oust patrician Tory Toff Sir Henry Bellingham of fraud 3DM infamy and the pitiful Trew and shareholders should back that wholeheartedly and should contact [email protected] to pledge their support stating how many shares they own.
You can read the letter HERE
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