IKN

More matter with less art

Cash4Gold, Dynasty Metals (DMM.to) style

Well, the insurance policy is one way of liquidating stock, I suppose. NR here, excerpt here:

VANCOUVER, BRITISH COLUMBIA–(Marketwire -07/23/12)- Dynasty Metals & Mining Inc. (“Dynasty” or the “Company”) (DMM.to) announces that the processing plant at the Zaruma Gold Project, located in the El Oro Province of southwestern Ecuador, was the target of an armed robbery in the early morning of July 23, 2012.

A group of armed robbers gained access to the site and escaped with dore bars containing approximately 1,300 ounces of gold and 4,000 ounces of silver. No employees were fatally injured during the assault and the gold storage facility sustained some repairable damage. The robbery has been reported to the appropriate Ecuadorian authorities. Police are currently on site at Zaruma working with the Company to investigate the incident.
Dynasty has insurance to cover this type of loss with an internationally recognized insurance company and is in the process of filing a claim. Continues here

What, me? Cynical? Nah…

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