MAG Silver to Oppose Illegal Cinco de Mayo Eviction

Silver Investing

MAG Silver (TSX:MAG,NYSE:MVG,AMEX:MVG) announced that it intends to oppose their illegal eviction from their Cinco de Mayo property on November 17.

MAG Silver (TSX:MAG,NYSE:MVG,AMEX:MVG) announced that it intends to oppose their illegal eviction from their Cinco de Mayo property on November 17.

As quoted in the press release:

MAG reiterates its strong view that the November 17 assembly meeting was illegally called and orchestrated by a small group of radical agrarian activists, known as El Barzón, who are opposed to mining and industrial agricultural development in the region. MAG has been advised by several local sources that key signatures required to properly call the meeting were fraudulent. Significant concerns have also been expressed by local community members that the vote taken at the meeting was fraught with irregularities, including a significant number of votes being cast by unverified proxies and the exclusion from the meeting of voting members of the Ejido who are supportive of MAG’s activities due to the economic benefit they bring to the region.

To view the whole press release, click here. 

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