It is futile to fight Barrick
Mina Pascua is already fully financed to production, even before it is yanked out of ABX's books 2011
MINA PASCUA shall be done 100% environmentally safe with Lopehandia's proven, tested and permitted technology in Chile.
Game over ABX's crooks!
Barrick must come clean or defeat www . minapascuachile . com info
or be ready to exit worldwide exchanges at law.
Stop conning shareholders crooked Peter Munk
With that post pascuaforensics , you totally discredited yourself.
I thought first you were putting informations to warn about pascua lama mine being taken by a big group as Barrick for fair environmental concerns but in fact , you just play your game to have this mine used by another competitor MWR (with poor eco sheets, no ressource at all to mine gold on big scale and create sustainable jobs for the area).
If you knew about mining world, you would be aware that small companies use often more chemicals without employing any retreatment of the wastes cause they can't afford the costs.
I have also just witnessed one of those canadian too small stock (a friend of mine has shares into) and cause of the money needed to create a mine , the dilution of shares that has been done created no value at all for shareholders . Consequence is my friend has lost a lot in investing in this small stock , instead of betting on a leading co (like BTU for coal or ABX for gold).
For the incredulous
- The private mining holdings of the Lopehandia Family, shall generate capital to do Pascua when and if need be.
- Private holdings or private miners in Chile, do not enjoy the privilege to deal direct with SEC or TSX regulators. When done in the past, Mr. Lopehandia was ignored.
- MWR and Lopehandia share asset trampling and those assets rest at ABX aka Barrick Gold Corporation.
- An alliance at a public venue against the same predator, is just fair go for the game of expòsing ABX's fraud.
- MINA PASCUA shall finance itself, based on proven Gold - Silver and Copper reserves, after yanked at law from ABX's books as filed in fraud to SEC - TSX.
The rest, is speculation and fraud by Barrick - Petr Munk et al, specially rthe crooked auditing firms.
Things that make you go "Hmmm." If Lopehandia's allies provide financing through equity, they will own 98% of the MWR's stock considering the current capitalization and the monetary needs to exercise the option agreement. (I haven't even considered the capital that would be necessary to actually put the mine into production, which I estimate would be over an additional $2 billion.)
This makes me wonder why the family allies just didn't already provide financing directly to JL rather than go through a third party company. This seems to make MWR's involvement superfluous. If the family allies have so much money, why was it necessary for JL to receive "advances" (although they aren't being counted as advances at this time since they have been expensed) from MWR of close to $1 million?
The Lopehandia's are including MWR because of the super management team at MWR.
Don't you think everyone in Chile is lining-up around the block for the honor of working with a bunch of guys who brag about becoming stoolpigeons for the IRS? Oh, yes, that is a huge selling feature in Chile. Of course there might be a problem in translation and confusion with "Incredible Redhot Salsa" but still, there you have it :)
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