Stans Energy Corp. (HREEF)

[Jagwire]

Don't forget about the Rare Earth minerals that these guys have access to now. Those are in short supply and apparently China has a stranglehold on that market!

From their website:

"•China currently controls and produces 94% of global Light Rare Earths (LREEs)
•China currently controls and produces 100% of global Heavy Rare Earths (HREEs)
•There is currently an export quota system that is regulated by the central Chinese authorities.
•Export quotas have been decreasing year over year causing firms to seek secure supply outside of China
•China has a double pricing system where domestic pricing is held down to encourage firms to transfer of their manufacturing capacity and intellectual property processes to China
•Current market dynamics create opportunities for firms that can be first to market with non-Chinese sources of Rare Earths.
•Secondary sources of supply are critical for non-Chinese based manufacturers to safe guard proprietary processes."

[Jagwire]

...plus people like me are just catching wind of this sucker and are jumping in as fast as we can!!!

Musk is one of many battery makers who need Li...but yes, he's really putting it on the radar...

What they need is some clean efficient technology to extract the Li from the stockpile. I wonder how good the old plant is at doing that???

[flasailn]

Thanks Sage......they now own the lithium and was it part of a settlement?

[flasailn]

Thanks Sage......they now own the lithium and was it part of a settlement?

[sage davisky]

they just scored 119.000.000 tons of old stored lithium ore in a deal with Russian firm with option to get the mine. E.Musk needs all this and much more. ev's are wave of the future.

[flasailn]

So what's the news? Why is it jumping?

[Jagwire]

Got a partial fill at 0.055...looking for .11 to pay some bills...lol.

This sucker is moving fast...blew past 2 bids that I had in and I had to chase it...I hate chasing.

Just hit 0.08! Wish I had gotten my original bid at 0.04! :(

It's all good and it's retreating here at the moment so I might get a full fill if it drops back to 0.055.

[Churak]

nice day on the V Xchange...could see .10 today

[Jagwire]

Trading again here in Canada...and nowhere near my bid...crap. lol

[Jagwire]

Hi Pecuniam,

I'm looking at the Venture and the stock is still halted and had reasonably good volume when it was halted.

I find that some stocks traded on both the OTC and Venture trade very differently.

Another stock I watch has no volume on the OTC but trades actively on the V.

This seems to be the case here...

[Pecuniam]

Jagwire, nothing new here and very little volume.

[Jagwire]

This looks like fun...

Trade halted on news and breaking out of sideways consolidation.

Looks like a ton of bidders so people are interested!

Anybody out there???

[Gaintrader]

The battle continues;"Stans Energy Files Statement of Claim in the Uncitral Arbitration Against Kyrgyz Republic"
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), reports that as on January 29, 2016, the Company filed a statement of claim (the “Statement of Claim”) in PCA Case No.2015-32 (the “UNCITRAL Arbitration”) against the Kyrgyz Republic (the “Republic”) for damages arising from the Republic’s wrongful conduct toward the Company’s investments in Kyrgyzstan that culminated in the termination of the mining licenses for Kutessay II and Kalesay.

Acting on behalf of Stans, attorneys at Freshfields Bruckhaus Deringer US LLP, submitted the Claim along with witness statements from CEO Rodney Irwin, COO Boris Aryev and a new valuation report prepared by independent experts at Compass Lexecon. This valuation report assesses the value of Stans’ investments in Kutessay II and Kalesay at US$128,300,000. Stans also claims interest that, to date, amounts to US$91,030,000.

The Tribunal has yet to establish a full procedural calendar for the UNCITRAL Arbitration. The Republic is required to make a procedural submission on 16 February 2016. Stans is required to respond by 28 February 2016. After that, the Tribunal will endeavour to issue a decision on procedural next steps by 14 March 2016.

Enforcement and Recognition Proceedings before the Ontario Court of Justice

Notwithstanding recent and past developments within the Russian Federation, Stans’ lawyers, Torys LLP, are expected to have a hearing in Q1 or Q2 of 2016 to seek recognition and enforcement of the existing US$118,000,000 award of the Moscow Chamber of Commerce and Industry (the “MCCI”). Timing for the hearing will depend on Ontario Court of Justice availability and other factors.

The existing MCCI award does not include any allowances for accrued interest. Any accrued interest will be determined by the Ontario Court if the recognition and enforcement proceedings prove successful for the Company.

Kutessay II Tender
At the end of January 2016, the State Agency on Geology and Mineral Resources of the Kyrgyz Republic announced a tender for the right for subsoil usage and exploitation of the Kutessay II rare earth deposit and the Kalesay beryllium deposit.

The tender commission has established the cost of payment for the right to use in the amount of no less than US$10,000,000. In addition to this, Article IV(12) of the conditions for the tender requires the successful bidder to:

“reimburse (a) all sums adjudged against the Kyrgyz Republic by effective court judgments or arbitration awards in relation to a previous deposit licensee’s and/or its founder’s, and/or other beneficiary’s, and/or other interested person’s requirements (hereinafter referred to as “the Rightholder”) resulting from or concerning the withdrawal of any rights associated with the deposits of the Rightholder’s, including but not limited to the awards within the limits of the international arbitration proceedings conducted in accordance with the UNCITRAL Arbitration Rules with regard to the case Stans Energy Corp and Kutesay Mining LLC in Kyrgyz Republic (hereinafter referred to as “the Proceedings with the Previous Rightholders”) and (b) expenses of the Kyrgyz Republic in connection with the Proceedings with the Previous Rightholders;”

Based on the existing tender regulations, Stans expects tender results to be announced at the end of March 2016.

About Stans Energy

Stans Energy Corp. is a resource development company focused on advancing rare earth and specialty metals properties focusing on areas of Central Asia and Russia. Stans acquired, among other things, the right to mine the past producing rare earth mine, Kutessay II, in the Kyrgyz Republic in 2009 and the right to mine Beryllium at Kalesay. Steps subsequently taken by the Government of the Kyrgyz Republic wrongfully to deprive the Company of those mining rights have required Stans to take the actions described above to protect the Company’s rights and recover damages caused by the Republic’s wrongful actions.

Contact Details
Rodney Irwin David Vinokurov
Stans Energy Corp Stan Energy Corp
President & CEO VP Corporate Development
[e-mail] [e-mail]
647-426-1865 647-426-1865


FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, use of proceeds from the Offering, the completion of the Offering, the continued advancement of the company's general business development, research development and the company's development of mineral exploration projects. When used in this press release, the words “will”, “shall”, "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although Stans believes that its expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/StansEnergy02022016.pdf

Source: Stans Energy Corp. (TSX Venture:HRE, OTCQX:HREEF) www.stansenergy.com

Maximum News Dissemination by FSCwire. http://www.fscwire.com

Copyright © 2016 Filing Services Canada Inc.

[Gaintrader]

Could have been related to the hearing that was scheduled for 4/16;

http://www.stansenergy.com/latestnews/

Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) reports that the Moscow City Arbitrazh Court (the “Court”) held hearings on March 10 relating to the Kyrgyz Republic’s (“the Republic”) appeal to set aside the Company’s US$118,000,000 Award of the International Arbitration Court of the Moscow Chamber of Commerce and Industry.

The Kyrgyz Republic’s original application to set aside the Company’s US$118,000,000 Award has already been dismissed once by the same Court. The Court recessed to April 16, 2015 to consider further arguments.

[dancinpete]

What's up with the heavy trading today? No news, yet, the activity in the last two days has been wild.

[Gaintrader]

LEGAL UPDATE-2/2/15; Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) reports that on January 28, 2015, the Arbitration Court of the City of Moscow (the “Court”) agreed with the opinion of the Stans’ legal representatives on the necessity of combining two separate
ongoing challenges in Moscow.
On January 28, 2015 a hearing was held regarding the Kyrgyz Republic’s appeal of the decision on March 31, 2014 of the International Moscow Chamber of Commerce and Industry (the “MCCI”) regarding its jurisdiction in hearing the Company’s international arbitration proceedings. Furthermore another hearing was to be held on February 12 2015 where the Kyrgyz Republic was seeking to set aside the verdict of the MCCI from June 30,
2014, has been canceled.
?At the direction of the Court, the combined hearing of these arguments is scheduled to
?commence on March 2, 2015.
As reported by the Company on January 28, 2015, the arrest of 47 million Centerra Gold shares remains in place and the Company is proceeding with enforcement of the award of the MCCI in the Ontario Court of Justice. These appeals in Moscow courts do not affect the
time tables as previously announced by the company.
Contact Details
Rodney Irwin
Stans Energy Corp
Interim President & CEO
[e-mail]
647-426-1865

http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=13378

[sage davisky]

A very prosperous 2015 to you. here is another board with more international members I think you will enjoy to banter there http://www.stockhouse.com/companies/bullboard/v.hre/stans-energy-corp

[apostrophe]

Happy New Year! :)

https://investorshub.advfn.com/secure/priv.aspx?r=http%3a%2f%2fi.huffpost.com%2fgen%2f1245122%2fthumbs%2fo-VLADIMIR-PUTIN-TOAST-570.jpg%3f1

[apostrophe]

Yeah, this is all taking way much longer than I initially hoped.

We've kind of gone full circle. Share price is now back to where it was when I started my position, before all the controversy erupted.

[sage davisky]

sure looks that way to me. Can't promise I'll stick around till 2018 waiting on iron oxide ,plus stans has to evaluate the site for themselves to see if it is what they say it is. time time more time = $$$ I hope.

[apostrophe]

I don't see that on their web site yet...

Does this mean that they are setting up shop elsewhere?

as per a recent pr (on their website)

[...]"The Company’s main focus now is to secure the US$ 118 million arbitration award in Canadian courts and to diversify its operations to more business friendly jurisdictions.” [...]

[sage davisky]

HREEF... Vadim Veshchezerov, Director of Stans and Investment Director for
Rusnano, states, "Once Stans is able to complete the mineral resource
confirmation work on the Rudniy Log property, it will be uniquely
positioned to capitalize on the extensive expertise and partnerships it
has recently established. I congratulate the management team for laying
the foundation for a company that will employ and supply global hi-tech
industries

[sage davisky]

The Gov. has painted themselves into a corner, if they make good on their threat to Nationalize the gold mine they are deadmeat in the eyes of the investment world, plus they will then be taken back to arbitration again for the worth of the mine. Billions $$$$$ so they will let this case with Stan's' play out in the courts and try to save face.

[Gaintrader]

"Investing in Kyrgyzstan is associated with extreme country risk" An interesting article from Itinerant written last June;

http://seekingalpha.com/article/1503262-country-risk-for-mining-jurisdictions-june-edition

This Itinerant article from November ties the above into Stans Energy;

http://seekingalpha.com/article/2704075-update-centerra-gold-dragged-deeper-into-stans-energy-case

[apostrophe]

At least it's news. Even if not the news we are all waiting for yet. It's not excessive. I imagine there are legal expenses that need to be covered and so forth. I seem to recall that the co. isn't mired in toxic loans so it is actually good that they are going the equity route, imo.

[FOLLOW THE BULL]

NEWS 11/21/14 - Stans Energy Corp Announces Non-Brokered Private placement

The Offering is for up to $2,000,000 (the “Offering Amount”) consisting of up to 20,000,000 units at a price of $0.10 per Unit.

Each Unit will consist of one common share in the capital of the Company and one-half of one share purchase warrant (each whole warrant a “Warrant”). Each Warrant will be exercisable to acquire one additional common share of the Company for a period of [24] months at a price of $[0.15] per common share, subject to acceleration under specified market conditions.

[sage davisky]

True enough, but, Russia has come on board the Stans' ship. and on Dec.8 we may well get our license back. so the clock is ticking... is your boat loaded?

[apostrophe]

makes sense.

[dancinpete]

There's only one reason the Kyrgy gov't is blocking Stans: the Ch1n3se don't want to give up market share. Right now they own the REE market and they're not about to give it up. Oh, and they just happen to share a border...hmmm?

[apostrophe]

Well, at least there is some rationality over there. I suppose that we should have expected the legal process to take a lot of time. It looks like another potential barrier has fallen. I wonder how many barriers remain? There can't be too much now.

[sage davisky]

Great news for HREEF.... READ...Kyrgyz Supreme Court Rules Previous Holder for Kutessay II Has No Legal Claim to Licence

[Gaintrader]

A little more color for HREEF shareholders relative to Centerra, the Kyrgyz Republic, and the Stans settlement claim. Seems like the regulators and the Kyrgyz Republic are in the process of pulling some of the same BS against Centerra, and the Stans claim could also put the Kumtor Project and Centerra on the skids too. It appears 10/10/2015 is a pivotal date, hmmm...

From the Q3 Centerra finacial report;
http://www.centerragold.com/sites/default/files/news-releases-en/23-q3-2014-nr-final.pdf

"“In the Kyrgyz Republic, the Company is continuing its discussions with the government regarding the potential restructuring of the Kumtor Project to resolve all outstanding concerns relating to the project. We are in the process of negotiating the definitive agreements to implement the restructuring as described in the Heads of Agreement (HOA) signed on January 18, 2014 and are continuing discussions with the Kyrgyz Government in this regard.”
Recent Developments
Kumtor Operations
-The Company continued its discussions with the Government of the Kyrgyz Republic relating to the
restructuring described in the Heads of Agreement dated January 18, 2014 (the “HOA”). See “Other
Corporate Developments”.
-The Company is analyzing the potential impact on Kumtor’s reserves of the buttress constructed to
manage the movement of the Davidov Glacier. The Company is also reviewing the performance of the Kumtor block model. See “Operations Update – Kumtor Operating Results – Ongoing Technical Matters” below.

Corporate
-On October 10, 2014, Centerra was served with an order (the “Stans Order”) from the Ontario Superior Court of Justice in favour of Stans Energy Corp. (“Stans”) which prohibits Kyrgyzaltyn JSC (“Kyrgyzaltyn”) from, among other things: (i) selling, disposing or exchanging 47,000,000 shares (the “Frozen Shares”) of the 77,401,766 shares it holds in the capital of Centerra; (ii) obtaining share certificates in respect of such shares; or (iii) exercising its rights as a registered shareholder of Centerra in a manner that is inconsistent with or would undermine the terms of the Stans Order. The order also prohibits Centerra from, among other things, registering any transfers or issuing share certificates in respect of the Frozen Shares, and requires Centerra to hold in trust for the proceeding under the Stans Application (as defined below) any amounts payable to Kyrgyzaltyn in respect of dividends or distributions that Centerra may declare or pay in the future.
-Centerra was also served by Stans with a notice of application to the Ontario Superior Court of Justice (the “Stans Application”) which seeks to enforce a June 30, 2014 arbitral award (the “Stans Arbitration Award”) obtained by Stans against the Kyrgyz Republic from the arbitration tribunal of the Moscow Chamber of Commerce in the amount of approximately $118 million. The Stans Application seeks, among other things, an order declaring that the Kyrgyz Republic has a beneficial interest in all of the shares in Centerra held by Kyrgyzaltyn and that monies, interest, dividends and other rights of Kyrgyzaltyn in the stock of Centerra may be seized in order to satisfy the Stans Arbitration Award. We understand that the Kyrgyz Republic is appealing the Stans Arbitration Award to the Russian courts in Moscow.
-In a separate proceeding, Kyrgyzaltyn has appealed to the Ontario Court of Appeal (the “Sistem Appeal”) the decision of the Ontario Superior Court of Justice in the Sistem Muhenkislik Insaat Sanayi Tiacaret SA matter, which found that the Kyrgyz Republic has a beneficial interest in the Centerra shares held by Kyrgyzaltyn. See “Other Corporate Developments”.
-If the Kyrgyz Republic does not succeed in overturning the Stans Arbitration Award in the Russian courts and Kyrgyzaltyn is unsuccessful in the Sistem Appeal, Centerra expects that Stans would likely succeed in enforcing the Stans Arbitration Award in Ontario and in seizing a sufficient number of the Centerra shares held by Kyrgyzaltyn to satisfy the Stans Arbitration Award. If Stans ultimately seizes such shares, Kyrgyzaltyn would no longer hold a sufficient number of Centerra shares to contribute to the HOA restructuring transaction such that it could receive 50% of a new Kumtor joint venture. In such circumstances, the Company believes that the restructuring of the Kumtor Project in accordance with the HOA would be impossible. See “Other Corporate Developments”.

Ongoing Technical Matters
As previously noted in the Company’s news release of May 6, 2014, Kumtor constructed a buttress at the edge of the ultimate pit in response to increased movement of the south arm of the Davidov glacier. The buttress, which continues to be monitored, has been effective in reducing the rate of movement to manageable levels. However, the Company is studying whether it will be necessary to reduce the width of the ultimate cut-back for the SB Zone, due to the positioning of the buttress, which could reduce the reserves accessible from that cut-back. Though further study is required, the Company believes that some contained ounces are likely to be downgraded from reserves to resources; however the Company does not expect that such downgrade would have a material effect on Kumtor’s total reserves. The Company expects to provide an update on the impact of the buttress on Kumtor’s reserves in its annual reserve statement in February 2015.
As previously reflected in its news release of February 5, 2014, the Company experienced a negative production reconciliation at the Kumtor mine in 2013, resulting in contained ounces mined being lower than predicted by the current Kumtor resource model. Though the model has historically been an accurate predictor of Kumtor’s production, the Company has retained AMEC Americas Limited (“AMEC”) to assist it in a review of the model to determine if any adjustments to the model are required.
In addition, the Company has undertaken metallurgical studies to evaluate the significance, if any, of lower than expected metallurgical recoveries experienced in 2013.
The Company expects to complete its review of each of these matters in the first quarter of 2015 and will disclose the results, if material, when they are available. These reviews carried out by AMEC and the Company may result in adjustments to, among other things, expected grades and/or expected metallurgical recoveries, which may negatively impact the Company’s reserves and resources estimates at the Kumtor mine. Any such changes may have a material adverse impact on Centerra’s future cash flows, earnings, results of operations and financial condition.
The movement in the Central Valley waste-rock dump, which began in mid-March 2013, has since decreased to manageable levels. The Company continues to make progress in relocating and reconstructing the affected infrastructure. See “Other Corporate Developments – Kyrgyz Republic”.

Other Corporate Developments
The following is a summary of corporate developments with respect to matters affecting the Company and its subsidiaries in the Kyrgyz Republic and Mongolia. For a more complete discussion of these matters, see the Company’s 2013 Annual Information Form available on SEDAR at www.sedar.com.
Readers are cautioned that there are a number of legal and regulatory matters that are currently affecting the Company and that the following brief description is only a summary of the current status of such matters. For more complete background and information on these matters, including with respect to the Kyrgyz Parliamentary and State Commissions and their reports, Kyrgyz Parliamentary resolutions, discussions with the Government of the Kyrgyz Republic in relation to the Heads of Agreement relating to the proposed restructuring of the Kumtor Project, various environmental and other claims made by Kyrgyz state agencies and the draft Kyrgyz Law on Denunciation of the Agreement on New Terms for the Kumtor Project, please refer to the description contained in the 2013 Annual Information Form.
Kyrgyz Republic
Negotiations between Kyrgyz Republic and Centerra Following discussions with representatives of the Kyrgyz Government in the second half of 2013, Centerra announced on December 24, 2013 that it had entered into a non-binding heads of agreement with the Government of the Kyrgyz Republic in connection with a potential restructuring transaction under which Kyrgyzaltyn would exchange its 32.7% equity interest in Centerra for an interest of equivalent value in a joint venture company that would own the Kumtor Project. The agreement was revised and re-executed on January 18, 2014 (the “HOA”). On February 6, 2014, after its review of the HOA, the Kyrgyz Parliament adopted a resolution which appears to support the concept of the restructuring described in the HOA but also contains a number of recommendations that are materially inconsistent with the terms of the HOA.
Centerra expects to continue its discussions with the Government regarding a potential restructuring transaction to resolve all outstanding concerns relating to the Kumtor Project. However, it maintains that any agreement to resolve matters must be fair to all of Centerra’s shareholders. Any definitive agreement for a potential restructuring remains subject to required approvals in the Kyrgyz Republic, including the Government and Parliament of the Kyrgyz Republic, Centerra Special Committee and Board approval, as well as compliance with all applicable legal and regulatory requirements and approvals, including an independent formal valuation and shareholder approval.
However, Centerra notes that if the Kyrgyz Republic does not succeed in overturning the Stans Arbitration Award in the Russian courts and Kyrgyzaltyn is unsuccessful in the Sistem Appeal, Centerra expects that Stans would likely succeed in enforcing the Stans Arbitration Award in Ontario and in seizing a sufficient number of the Centerra shares held by Kyrgyzaltyn to satisfy the Stans Arbitration Award. If Stans ultimately seizes such shares, Kyrgyzaltyn would no longer hold a sufficient number of Centerra shares to contribute to the HOA restructuring transaction such that it could receive 50% of a new Kumtor joint venture. In such circumstances, the Company believes that the restructuring of the Kumtor Project in accordance with the HOA would be impossible.
While Centerra expects to continue discussions with the Government, there can be no assurance that any transaction will be consummated or that Centerra will be able to successfully resolve any of the matters currently affecting the Kumtor Project. The inability to successfully resolve matters, including obtaining all necessary approvals, and/or further actions of the Kyrgyz Republic Government and/or Parliament, and/or the inability of the Kyrgyz Republic to overturn the Stans Arbitration Award and/or for Kyrgyzaltyn to successfully challenge the determination that the Kyrgyz Republic beneficially owns the Centerra shares held by Kyrgyzaltyn, could have a material adverse impact on Centerra’s future cash flows, earnings, results of operations and financial conditions.
Dividend Claim On May 23, 2014, the Kyrgyz Republic General Prosecutor’s Office (“GPO”) filed a civil claim in Kyrgyz court against KGC which seeks to unwind a $200 million inter-corporate dividend declared and paid by KGC to Centerra in December 2013. KGC is a wholly-owned subsidiary of Centerra and the dividend was paid in the normal course of business. The GPO alleges that the dividend was contrary to the procedural requirements of Kyrgyz corporate law. Centerra and KGC dispute such allegations and believe that the dividend complied with the agreements governing the Kumtor Project and all applicable Kyrgyz laws. Centerra also stated that the dividend does not have an impact on the valuation which underlies the restructuring contemplated by the HOA. Accordingly, KGC has contested claims made by the GPO in the Kyrgyz courts. These include challenges to, among other things, the jurisdiction of the Kyrgyz courts to hear the claim due to the arbitration provisions of the Restated Investment Agreement which requires all such disputes to be resolved through international arbitration.
On October 10, 2014, the Bishkek Inter-District Court granted a petition of the GPO to suspend these proceedings until completion of the criminal proceedings against Mr. Japarov (described below).
Japarov Criminal Proceeding The GPO has brought criminal proceedings against Mr. D. Japarov, who was a member of the KGC board of directors as nominee of Kyrgyzaltyn in December 2013, when the KGC board of directors approved the declaration and payment of a $200 million inter-corporate dividend to Centerra. Mr. Japarov was also Chairman of the management board of Kyrgyzaltyn at that time. Such court hearings are ongoing and Mr. Japarov remains in custody.
Environmental Claims As previously disclosed, Kumtor has received very substantial claims from various Kyrgyz Republic state agencies in relation to alleged environmental offences and other matters. In aggregate, these claims amount to over $450 million at the then current exchange rates. Such claims continue to be before the Kyrgyz courts. For further detail on such claims, please refer to the Company’s news releases dated February 19, 2014, May 6, 2014, July 29, 2014 and the Company’s 2013 Annual Information Form.
As previously stated, Kumtor believes the claims are exaggerated and without merit. The Kumtor Project has been the subject of systematic audits and investigations over the years by Kyrgyz and international experts, including by an independent internationally recognized expert who carried out a due diligence review of Kumtor’s performance on environmental matters at the request of Centerra’s Board of Directors. The report of this expert was released in October 2012 and can be found on the Kumtor website at http://www.kumtor.kg/en/ under the “Environment” section.
Land Use Claim
As previously disclosed on November 11, 2013, the Company received a claim from the Kyrgyz Republic General Prosecutor’s Office requesting the Inter-District Court of the Issyk-Kul Province to invalidate the Company’s land use certificate and seize certain lands within Kumtor’s concession area. Kumtor challenges this claim and the matter is currently before the Kyrgyz courts. For further details of the claim, see the Company’s news releases dated February 19, 2014, May 6, 2014, July 29, 2014 and the Company’s 2013 Annual Information Form.
Management Assessment There are several important outstanding issues affecting the Kumtor Project, which require consultation and co-operation between the Company and Kyrgyz regulatory authorities. The Company has benefited from a close and constructive dialogue with Kyrgyz authorities during project operations and remains committed to working with them to resolve these issues in accordance with the agreements governing the Kumtor Project (the “Kumtor Project Agreements”), which provide for all disputes to be resolved by international arbitration, if necessary. However, there are no assurances that the Company will be able to successfully resolve any or all of the outstanding matters affecting the Kumtor Project. There are also no assurances that continued discussions between the Kyrgyz Government and Centerra will result in a mutually acceptable solution regarding the Kumtor Project, that any agreed upon proposal for restructuring would receive the necessary legal and regulatory approvals under Kyrgyz law and/or Canadian law and that the Kyrgyz Republic Government and/or Parliament will not take actions that are inconsistent with the Government’s obligations under the Kumtor Project Agreements, including adopting a law “denouncing” or purporting to cancel or invalidate the Kumtor Project Agreements or laws enacted in relation thereto. The inability to successfully resolve all such matters would have a material adverse impact on the Company’s future cash flows, earnings, results of operations and financial condition. See “Caution Regarding Forward-looking Information”.

[dancinpete]

I haven't heard anyone mention the probability of Ch1n3s3 influence having something to do with Kryg Gov action. I'd be willing to show up at the Ch1n3s3 embassy with a sign (& face mask) to protest. of course, with cash payments there is no way to prove it.

[apostrophe]

I think it works like insurance - replacement value.

They could just pull up stakes and start anew. I mentioned a nice little one in mine-friendly Wyoming. Here's another one in more or less mining-friendly Australia - At least the Australian government wouldn't try to rip them off.

http://victorymines.com/

The Jungle Well Rare Earth Project is located 80km west of Leonora and was recognised for its REE potential however no analysis was carried out during a late 1990’s diamond exploration program. During 2007 a trench sampling programme identified significant RE values from an exposed dyke of 6.9% and 8% REE.

That's like bonanza grades. It's a typical exploration level jr. with like a billion shares @ 0.01 a share. It's just one of their projects. I bet they might let it go for a few million. Stans would still have plenty left over for studies, development, construction and equipment.

[sage davisky]

well stans now owns a hefty chuck of a gold mine. and the Russians are now on board with more $$$ money and muscle. Me thinks we are now sitting in the per verbal catbird seat. as for mining... I don't think it ever happen now.. but there will be ore out of Russia
to process in our plant. we have a rail line ya know.

[Sibware]

HREEF: Kyrgyz Government in deep shityz Lol...

[apostrophe]

I wish Stans would stop dragging their feet, but I guess they sincerely do want to operate the mine and are giving the Kyryzy government officials every possible chance to stop being pompous and thick headed, before they lower the boom.

The trouble with holding now is I imagine a lot of shareholders are starting to lose interest, as it seems like this state of affairs is going to be in limbo for a while longer. If they go with the settlement there is likely going to be a big gap up into the .60 to .70 range out of the blue, and it will be too late to get in. Otherwise, if you believe that the K's will respond the leverage we now have, and come around, then, I guess you could get in for what will be a more gradual rise to over $1.00 and beyond as production comes on line.

If Stans goes with the settlement option, they could just buy one of many new other REE plays around now which are totally cash strapped. For example one rather nice new little REE play (uncreatively) named REE is getting really cheap now. They could probably buy the whole thing for under $30 million and still have plenty left over for additional studies, digging machines, a new processing plant and so forth. This one also has the advantage of not being too big and it's in Wyoming, one of the most truly mine friendly places in the world.

On the other hand K is is a poor country (with government officials like that, hardly the need to wonder why) and the local people there were probably looking forward to an improved standard of living from the economic benefits reopening the mine would bring. It is a shame that the K officials involved continue to abuse their authority at the expense of their citizens.

[sage davisky]

Apostrophe... good insight in your post. as for processing ore from outside the area, the arrows point back to Russia . and its not that far and they have a rail line leading into the site. No matter what we or the world thinks of Putin just now he does have good relations with the new PM of KG and he is not shy about exerting pressure where it is needed. I think the board over at stocktrade missed this point as they were mostly of the opinion that yesterdays halt was trivial and unnecessary . I see big things coming out of the Russian alliance. Ore, grant money, VNHHT support, and intense political pressure. (muscle) As the CEO said "Russia was always part of plan A" kg's with their foot dragging sped up the process. /// just my humble opinion ... cheers

[apostrophe]

I keep forgetting that the plant and mine are seperate. Nothing to stop them from operating the plant which apparently they've continued to fix up. That would also explain the corpoarate re-alignment of personell announced recently. A lot of scientist types and intellectual property to utilize. And they can have a few bucks coming in while we wait for the arbitration award scenerio to play out. Actually, they could make a lot of money processing from third parties like that outfit in France. There are a lot of various REE plays popping up around the world and one article I read meantioned that the REE space will be limited and that it will be a race to production. Well, we're there, production-wise. There's only a few places that I know of that can process REE's. In regard to the arbitration award, presumably the gears are turning but considering how they jerked around Centerra and how only when Centerra announced that they would suspend mining that the Kryzk's came around at the last minute. I still think Stans would like to have their own mine nearby to work, but maybe they don't necessarily even need it. It would be more acretive in the long run, taking the arbitration award would be less than the possible total from mining but on the other hand, there is something to be said for $118 million instant gratification.They could buy a new mine, for example there is a nice one in Wyoming that just did a nice pre-feasability study. It might be little inconveniant to ship the concentrate, but, that is done with a lot right now since there are so few processing outfits. Anyway, it may even be too late for the Kryzk officials to undo what they put in motion.

[sage davisky]

STANS MAKES A DEAL... HREEF Or stans energy is approved by the SKOLKOVO FOUNDATION for Gov.grants. up to approx 3 mill dollars . for research thru DIDIM and with oversight from VNIIHT. Looks like stans will be processing oxides and perhaps metals at their plant in kg. great news... congrats to stans and all concerned.

[apostrophe]

I would add - Obviously it's a little more complicated but I think that, basically,since the arbitration ruling isn't subject to appeal, it's a pretty much done deal. I imagine, all they have to do is take the legal papers over to the transfer agent / account in Canada where the shares reside, and they cross off "Kyrgyz" and write in "Stans" for $118 million worth of the $500 million Kyrgyz Centerra holdings...

[apostrophe]

http://business.financialpost.com/2014/07/03/kyrgyzstans-centerra-gold-shares-vulnerable-to-possible-seizure-after-key-court-ruling/

I like this part:

"Besides Centerra shares, Stans can try to seize foreign Kyrgyz assets or flows of capital in and out of the country. For example, it could go after gold shipments or state-owned airplanes that land outside the country. The only foreign assets that can’t be seized are sovereign property (such as embassies) and military property.

Stans hopes it never comes to that and the company is able to negotiate a settlement and resume work on the Kutessay II project.

Stans acquired the project licence from the government in 2009, but strange things started to happen a few years later. In 2012, a parliamentary committee suddenly decided that the licence should be revoked. Around the same time, a Chinese group that previously owned the licence showed up and tried to get it back in order to sell it to someone else, Mr. Vinokurov said. In fact, the Chinese unwittingly reached out to one of Stans’ consultants because it wanted his help in finding a buyer."

This is from a more complete version of the original article I posted previously (from July). Since the Kyrgyz officials haven't been forthcoming in even attempting to negotiate in good faith, I imagine it won't be long now.

Funny, I once considered getting some Centerra shares, looks like now I won't have to.

[Sibware]

Nice News: Bring the cash,son of a Kitch(Kyrgyzistan expression)...

[sage davisky]

Look back at the charts. This stock was trading at almost 3 dollars on hopes that it was going into production. Well looks like those hopes are finally going to materialize . plus Uranium is set to make big gains again and yep, that got that too. along with all the (heavy) elements.

[stocktrademan]

Stans Energy Corp. [$HREEF] due diligence

bullish technical breakout off an inverted head and shoulders bottom reversal
just getting started



$HREEF

DD Notes ~ http://www.ddnotesmaker.com/HREEF

##### recent news/filings ~ source: finance.yahoo.com

Thu, 10 Jul 2014 13:27:12 GMT ~ If There Is Such A Thing As A Free Lunch In The Markets, Stans Energy's Favorable Settlement Comes Close
read full: http://seekingalpha.com/article/2308115-if-there-is-such-a-thing-as-a-free-lunch-in-the-markets-stans-energys-favorable-settlement-comes-close?source=yahoo
*********************************************************

Wed, 09 Jul 2014 14:32:00 GMT ~ Stans Energy Announces Appointment of New Director From Rusnano
[Business Wire] - TORONTO--(BUSINESSWIRE)-- Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) is proud to report that Vadim Veshchezerov has been appointed to its Board of Directors. Mr. Veshchezerov has created and sold a number of companies in the microelectronics and IT industries. Since 2001 he has been with RUSNANO, a Russian state sponsored investment fund, where he has held different senior positions, now serving as Investment Director. RUSNANO is a Russian government sponsored investment fund that is charged with developing the nanotech and high technology industries within the Russian Federation.
read full: http://au.finance.yahoo.com/news/stans-energy-announces-appointment-director-143200627.html
*********************************************************

Wed, 09 Jul 2014 14:32:00 GMT ~ Stans Energy Announces Appointment of New Director From Rusnano
[Business Wire] - Stans Energy Corp. , is proud to report that Vadim Veshchezerov has been appointed to its Board of Directors. Mr. Veshchezerov has created and sold a number of companies in the microelectronics and IT industries.
read full: http://finance.yahoo.com/news/stans-energy-announces-appointment-director-143200372.html
*********************************************************

Wed, 02 Jul 2014 21:47:00 GMT ~ Stans Energy Awarded $118 Million USD in International Arbitration Ruling
[Business Wire] - TORONTO--(BUSINESSWIRE)-- Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) is pleased to announce that the Arbitration Court at the Moscow Chamber of Commerce and Industry (the “Tribunal”) has handed down a final binding ruling in the matter between the Company and the Government of the Kyrgyz Republic. The Company is now entitled to enforcement of the Tribunal Judgment pursuant to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958). Having considered evidence in Tribunal proceedings on December 31, 2013, February 6, 2014, March 3, 2014, March 31, 2014 and April 29-30 2014, the Tribunal ruled in favour of Stans: To dismiss a motion of April 25, 2014 by the Government of the Kyrgyz Republic on postponement of the dispute resolution until the claim is considered at the local Moscow Arbitration Court (the “Court”) on jurisdiction of the Tribunal.
read full: http://au.finance.yahoo.com/news/stans-energy-awarded-118-million-214700710.html
*********************************************************

Wed, 02 Jul 2014 21:47:00 GMT ~ Stans Energy Awarded $118 Million USD in International Arbitration Ruling
[Business Wire] - Stans Energy Corp. , is pleased to announce that the Arbitration Court at the Moscow Chamber of Commerce and Industry has handed down a final binding ruling in the matter between the Company and the Government of the Kyrgyz Republic.
read full: http://finance.yahoo.com/news/stans-energy-awarded-118-million-214700677.html
*********************************************************

##### chart ~ source: stockcharts.com



##### chart ~ source: eoddata.com



##### company info ~ source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/HREEF/company-info
Ticker: $HREEF
OTC Market Place: OTCQX International
CIK code: 0001391621
Company name: Stans Energy Corp.
Company website: http://www.stansenergy.com
Incorporated In: Canada

##### extra dd links

Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001391621&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/HREEF/filings
Latest financials: http://www.otcmarkets.com/stock/HREEF/financials
Latest news: http://www.otcmarkets.com/stock/HREEF/news - http://finance.yahoo.com/q/h?s=HREEF+Headlines

Major holdings: http://data.cnbc.com/quotes/HREEF/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=HREEF+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/HREEF.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=HREEF

RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=HREEF&search=search

DTCC: http://search2.dtcc.com/?q=Stans+Energy+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=Stans+Energy+Corp.
Corporation WIKI: http://www.corporationwiki.com/search/results?term=Stans+Energy+Corp.&x=0&y=0
WHOIS: http://whois.domaintools.com/http://www.stansenergy.com
Alexa: http://www.alexa.com/siteinfo/http://www.stansenergy.com#
Corporate website internet archive: http://web.archive.org/web/*/http://www.stansenergy.com

Short Sales: http://www.otcmarkets.com/stock/HREEF/short-sales
Insider Disclosure: http://www.otcmarkets.com/stock/HREEF/insider-transactions
Research Reports: http://www.otcmarkets.com/stock/HREEF/research
Historical Prices: http://finance.yahoo.com/q/hp?s=HREEF+Historical+Prices
Basic Tech. Analysis: http://finance.yahoo.com/q/ta?s=HREEF+Basic+Tech.+Analysis
Company Profile: http://finance.yahoo.com/q/pr?s=HREEF+Profile
Key Statistics: http://finance.yahoo.com/q/ks?s=HREEF+Key+Statistics
Industry: http://finance.yahoo.com/q/in?s=HREEF+Industry
Insider Roster: http://finance.yahoo.com/q/ir?s=HREEF+Insider+Roster
Income Statement: http://finance.yahoo.com/q/is?s=HREEF
Balance Sheet: http://finance.yahoo.com/q/bs?s=HREEF
Cash Flow: http://finance.yahoo.com/q/cf?s=HREEF+Cash+Flow&annual
Market Watch: http://www.marketwatch.com/investing/stock/HREEF
Bloomberg: http://www.bloomberg.com/quote/HREEF:US
Morningstar: http://quotes.morningstar.com/stock/s?t=HREEF
Bussinessweek: http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=HREEF
Barchart: http://www.barchart.com/quotes/stocks/HREEF
OTC Short Report: http://otcshortreport.com/index.php?index=HREEF
Investopedia: http://www.investopedia.com/markets/stocks/HREEF/?wa=0

http://www.pennystocktweets.com/stocks/profile/HREEF

##### last known share structure ~ source: otcmarkets.com

Market Value: $32,239,117 a/o Jul 11, 2014
Shares Outstanding: 157,263,986 a/o May 22, 2014
Float: 129,815,348 a/o Mar 21, 2011
Authorized Shares: Unlimited a/o Sep 30, 2011
Par Value: No Par Value

##### business description ~ source: otcmarkets.com

Stans Energy Corp. is a resource development company focused on progressing Heavy Rare Earth (HRE) properties in areas of the Former Soviet Union. In December 2009, Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine from the Kyrgyz Republic. On May 26, 2011 Stans completed the purchase of the Kashka Rare Earth Processing Plant (KRP) the same plant that previously refined REEs historically from Kutessay II. The KRP was the only hard rock plant to produce all rare earth elements outside of China, producing 120 different metals, alloys, and oxides. For over 30 years, Kutessay II produced 80% of the rare earth metals for the former Soviet Union.Less >>

DD Notes ~ http://www.ddnotesmaker.com/HREEF
a11k

[sage davisky]

check out the seeking alpha article . a real eye opener for newbies

[Churak]

nice news that is dated 3:30 PM today - I guess someone went Back to the Future:



Stans Energy Announces Appointment of New Director From Rusnano

Date : 07/09/2014 @ 3:32PM
Source : Business Wire
Stock : Stans Energy Corp. (QX) (HREEF)
Quote : 0.1864 0.0189 (11.28%) @ 5:47PM





Stans Energy Announces Appointment of New Director From Rusnano

[Armeanio]

Rusnano is a massive corporation that is sponsored by the Russian government.

It certianly is an interesting development having the investment director of Rusnano join Stans Board.

Rusnano has the resources, labs, and factories to become a huge customer of Stans.

[EmptyBones]

True.

[Churak]

freaking TD in Canada - volume keeps changing by 20K...goes up 20K, goes down 20K, goes up 20K, goes down 20K...lol...pretty funny actually