Bombshell!! ABX defaced its PASCUA LAMA PROSPECTUS & SEC filings
By leaving MINA PASCUA outside!!!! of Barrick's 2011 PASCUA LAMA OPEN PIT.
Pascua is in Toronto?
PASCUA LAMA in New York... ho ho hoh ho Peter Munk, you oevr did Bern Maddof
Peter Munk is a stooche of the Mining world.
Paid 1 Billion + to lAC for salts & nitrates concessions and designs PASCUA outside of the SEC claims that contained PASCUA in the filed PROSPECTUS?
It ranks right up there with the mathematical precision of how Barrick allocates its budget...
Alll mines Gold oz. cost = US$500/oz and up...
MINA PASCUA Chile, closed due to low Gold prices, a US$40 dollars/ox cost mine?
Let us see Peter Munk's math... I give one I rip off 1000, I give 2, I rip off 2000, better hedge that idea, and sell derivatives on it, Gold under the Glaciers yes, that's it, closed due to low Gold prices? mmmm Pascua will open with Gold at US$300/0z... no, perhaps 2006? 2009, 2012? 2013? 2015? never?
Barrick is herein exposed as a fraud to the system at Chile business. period.
They shall regret their farud and shall join in with ENRON & BRE-X at the... CORPORATE HALL OF SHAME.
If a poor peasant discovers a mine they won't get financing because they are a poor peasant who does not know how to operate a gold mine. Kind of like MWR. They would not get financing because they are in the same boat as the poor peasant,they don't know how to operate a gold mine.
Any idea as to how Barrick acquired Pascua Lama if the ore body is outside of the old Lac Minerals claims?
All along ABX has been saying they acquired the Pascua Mine from the purchases of Lac Minerals back in 1994.
Could someone claify what the difference is betwen the Pascua Lama claims ABX says they have and the Pascua claims from Lac Minerals which are dead and in the name of Jorge Lopehandia.
This from ABX:
The Pascua-Lama property is located in the Frontera District in Chile’s Region III and Argentina’s San Juan Province. The total project area consists of approximately 45,500 hectares in Chile and Argentina. The Chilean part of the deposit was acquired by Barrick through its acquisition of Lac Minerals Ltd. (Lac Minerals). In both Chile and Argentina, Barrick, through its wholly owned Argentinean subsidiary, Barrick Exploraciones S.A., and its wholly owned Chilean subsidiary, Compania Minera Nevada SpA, owns the mining property in the project area.