Mining Man28 Apr 2013 16:37
Excuse the Freudian slip in my last post. I, of course, meant Black Rock not Black Rod lol. This takes me back to the days when a poster on these bbs was asking another poster how to go about shorting his own shares - and it turned out at the end of the day that these two posters were probably the same poster lol.
I have bought the Sunday Times and see that there are not one but two articles about enrc. Tomorrow Scotland's young people sit their Standard Grade English and I gather it doesn't include summarising these days - what a pity - but at least it does still include close reading or interpretation. I have read two summaries today of one of the articles on bbs and neither of them seem to tell it quite like the whole story.
Missing is "Lord Goldsmith, the former attorney-general who is head of European and Asian litigation at Debevoise & Plimpton, has been hired alongside Fulcrum Chambers to offer legal advice to ENRC's board."
And to be fair we need to note this "The company said it dismissed Dechert for a number of reasons including inapproriate communications, alleged improper billing and unprofessional handling of the investigation" Inapproriate billing by a professional firm is something I can empathise with myself at this very point in time. As for inappropriate communications, for all this alleged stuff to be in the hands of a newspaper might actually impede the SFO's investigations. Other than that if matters are sub judice or still under investigation, it's sometimes best to say nothing and await the outcome. ATB