Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It's all good westcoast ....just might take a few more days of "Chilling"....we'll Celebrate together for sure!!
goldpanner
Got the "Champagne" on Ice!!
goldpanner
Gold $1535.90 per ounce ....My little Nugget is lookin better everyday!!
goldpanner
Thanks Rover I'll give them a call and see what the scoop is ...or at least what they say...lol Put a little "pressure" in the Cooker !!
goldpanner
Dazoff....I total agree ....this is bizzare behavior when so much is at stake ...thanks for the Commission's Compliance Department #
goldpanner
"Good Job" goldfork ....welcome newcomers ...imagine there may be a few peeking in on us....
goldpanner
HERE YE HERE YE ...It's like signing the Declaration of Independence...I'm sure there's a few logistic issues...the Drama is building!!
goldpanner
$36.15
Was hoping for half of that value from the $1.5 Billion Fitzgerald Estate based on the current share base ...and then add Pascua to the mix ...and top it up with Juno and Montana ...Should be very intere-$-ting times ahead!!
goldpanner
Must be that one Duck that won't tow the line...Get him in the Row and We'll all be Smiling ....
goldpanner
Sure looks like "SELL" on the ABX front !!
goldpanner
Should be an interesting day when the Stock reopens ...Things are coming together very well !!
goldpanner
ps: Welcome A-Board Sooshie..
Happy Easter everyone ....enjoy family, friends and all the fixins!!
goldpanner
Still in White Rock till Monday ....lol Hope its a back to back trip !! ...If that's the case you'll hear from me westcoast !! Tell you all about my trip in a few days ....
goldpanner
Have a Great Easter Long everyone !!
goldpanner
Lol ....from White Rock ...just catching up on the news ..man what happens when I'm in Travel Status....hope to be in that "Status" a lot more !!
goldpanner
So you're saying GOOD FRIDAY should be just that ...works for me!!
goldpanner
ps: Off to Vancouver tomorrow ....I'll check it out !!
IS TODAY THE DAY????? ...
goldpanner
Have Faith Carl300 ....Relax !!
It's all in the timing. I know exactly where I stand with my portfolio and 0.70 cents isn't going to cut if for me...Like Eclipse said ...double digits is where this stock is heading,in his opinion, but if you feel the pressure, SELL, WATCH and THEN CRY !!
goldpanner
No word on the release, just talk ...but the Header will likely read
"David Triumphs Over Goliath"
goldpanner
We're gonna need a Photographer when we get this crew together!!
Things are Simmering....
goldpanner
What's L2 showing goldfork ...by the way # 1000 is all yours!! Just make it a good one!! lol
goldpanner
Hope the 1000th Post has more content to it than the 500th Post !!
goldpanner
Tibby, Tibby, Tibby ...Monday was goodeth, Tuesday might be even bettereth..
Fitz isn't dead ...you seen the obit???
Time is on our side ...because we're on the "Right Side" "The Just Side" " The Winning Side"
Big mama Cass gonna like what she sees ...
goldpanner
Well goldfork you got this thing going with post # 1
Wednesday, Oct 13,2010
MWR listed on TSX Venture
Great day today ....volume was strong
Good momentum going forward!!
goldpanner
I've also heard it's soon ...thought today but didn't happen ...heard that the Company is happy with the direction that things are moving in...all good news in my opinion!!
goldpanner
From rover on Stockhouse...
"On the other hand, to request a stop trade order for executive members because they may know something material to the company that average investors do not - now that is responsible!"
It is exactly that rover..."responsible" but not only that but it leads me to believe that the news is on the Doorstep !!
goldpanner
"Get Ready to Buy"
goldpanner
I was expecting a trading halt ...believed it to be happening yesterday ...and was looking for it again today and still no news until BigWhiskey and you're posts...maybe we'll see something posted tomorrow....Like many others, not the sidebar news I was expecting and definitely not the big news ....It's my belief that you can't leave anything to chance at this juncture, no leaf unturned ...this may be the reason for the reporting delay, this is crucial to a positive outcome. It's got to be a "tight case"
Not to take away any responsibility of the Company to conform to deadlines but it's an utter surprise that our Policing on this side of the Border is on top of things yet the SEC has not announced any rumblings in regards to Barrick, Pasuca-Lama or MWR for that matter ...I have a faint reason why after reading about the Whistle Blowing on Mr Madoff and how one SEC division didn't seem to know or care what the other was doing ...it's totally bizarre !!
goldpanner
ps: Still planning my Trip !!
You planning a Trip goldfork ....I am !!
goldpanner
Wow ...quiet all around ! The Calm before the Storm !!
goldpanner
News just around the corner??? Just wait till we show our Ace !!
Have a feeling you'll be doing that "Jig" goldfork ....
goldpanner
You have a way with words mandaree ...lol
Nice pps surge at the end of the day !!
goldpanner
What a bunch of crap ....
"Barrick is not a party to such actions and has limited information with respect to the nature or status of the claims or complaints."
This statement is so far from the truth ....you don't become #1 in the World by closing your eyes to Sub's in the field !! I believe it will be very hard to hide the truth when SEC comes a knocking!!
goldpanner
They talk about the time line in getting the W5 Story out ...I think that just the "Talk on the Street" will create some ripples ...
goldpanner
I'm not trying to discredit the resourcefulness of Brent Johnson and Company or for that matter Jorge Lopehandia's as they have shown to be very resourceful and resilient since my beginnings with MWR...my thoughts were more in the realm of how you go from ownership, to production, to market share...that should be interesting to see...and how disclosure of legal ownership will translate to share value....that's got me really intrigued !!
goldpanner
So if Barrick is out who is in.....Barrick has detailed all of the steps taken over the years to bring Pascau and Lama resources to fruition by 2013....there has been environmental issues, resource tax issues, glacier issue, cross border agreements etc etc ....this is massive, I wonder how someone else could take over from where legal ownership leaves off ...and would they be at ground "zero" so to speak outside of a few access roads!!
I stand to be corrected ...there was mention of the Tunnel further in the report.
goldpanner
Pascua-Lama
In both Chile and Argentina, Barrick, through its wholly-owned Argentinean subsidiary, Barrick
Exploraciones S.A., and its wholly-owned Chilean subsidiary, Compañia Minera Nevada SpA, owns the
mining property in the project area.
This was the portion I had originally put in "Bold" ...
The way I see it ABX do not have "Ownership" or "Rights" to the property on the Chilean side...
Next question is ...would Jorge Lopehandia and MWR ( if under a binding understanding ) entertain an agreement with Barrick Gold Corp ...for some strange reason I believe that not to be something that JL would go for ....any thoughts
goldpanner
Here are "Portions" of the Declaration “For year ending December 31,2010” by Barrick Gold Corp
Note the date of the Form.....Dated as of March 31,2011 My understanding is that Jorge Lopehandia registered the claims in March 2011…..Also noted is the ownership declaration that I put in bold as part of pg .79 of their 136 page disclosure.....the report goes on to state proven and projected amounts of gold, silver and copper in Pascua-Lama, with no mention of a “Tunnel” ...interesting read !!
How is ABX going to handle the potential loss of this project???
goldpanner
BARRICK GOLD CORPORATION
Brookfield Place
TD Canada Trust Tower, Suite 3700
P.O. Box 212
161 Bay Street
Toronto, Ontario
M5J 2S1
ANNUAL INFORMATION FORM
For the year ended December 31, 2010
Dated as of March 31, 2011
MATERIAL PROPERTIES .................................................................................................................... 37
Pascua-Lama Project ...................................................................................................................... 79
Mining claim
That portion of applicable mineral lands that a party has staked or marked out in accordance with
applicable mining laws to acquire the right to explore for and exploit the minerals under the surface.
Construction activities are expected to accelerate significantly in 2011 at Pascua-Lama, while
certain preliminary engineering is expected to commence a Cerro Casale.
South America
Pascua-Lama Project
General Information
The Pascua-Lama property is located in the Frontera District in Chile’s Region III and Argentina’s
San Juan Province. It straddles the Chile-Argentina border and is approximately 150 kilometers southeast
of the city of Vallenar, Chile, 380 kilometers by road northwest of the city of San Juan, Argentina and
approximately 10 kilometers from the Veladero mine. The total project area consists of approximately
45,500 hectares in Chile and Argentina. The Chilean part of the deposit, which is at an elevation of
approximately 4,300 to 5,250 meters above sea level, was acquired by Barrick through its acquisition of
Lac Minerals Ltd. (“Lac Minerals”) in 1994. Lac Minerals acquired its interest in the property from Bond
Gold International in 1989. Exploration on the property dates back as far as 1977. With respect to the
portion of the project located in Argentina, Barrick acquired certain of the mining concessions that form
part of the project in 1995. It acquired the remaining project mining concessions through its acquisition
of Exploraciones Mineras Argentinas S.A. from Minera S.A. In 1997.
In both Chile and Argentina, Barrick, through its wholly-owned Argentinean subsidiary, Barrick
Exploraciones S.A., and its wholly-owned Chilean subsidiary, Compañia Minera Nevada SpA, owns the
mining property in the project area. The legislatures of both Chile and Argentina completed the
ratification of a Mining Treaty between the two countries in 2000. The Specific Additional Protocol for
the Pascua-Lama project under the Mining Treaty was signed into law by both countries in the third
quarter of 2004. The Pascua-Lama project is within the area subject to the Mining Treaty and the project
is entitled to enjoy the benefits to cross-border mining operations that are granted by the Mining Treaty.
In April 2009, the authorities of Chile and Argentina reached an agreement specific to the Pascua-Lama
project, which avoids double taxation for the project.
The Pascua-Lama property area is characterized by high mountain ranges and deep valleys with
natural slopes of 20 to 40 degrees. Surface material consists of rock outcrops, alluvial and colluvial
materials, which are primarily gravel, sand, silt and clay. Vegetation is sparse. The area is considered to
have a sub-arid, sub-polar, mountain climate. During the winter months, extreme weather may create a
challenging operating environment. Recognizing this issue, the potential impact of possible extreme
weather conditions, to the extent possible, will be incorporated into the project’s operating plan. Access
to the property is pursuant to a combination of public highways and private roads from both Vallenar,
Chile and San Juan, Argentina.
Primary road access in Chile will initially be via a 126 kilometers public road (route C 485) from the
Primary road access in Chile will initially be via a 126 kilometers public road (route C 485) from the
city of Vallenar, through the town of Alto del Carmen and several small communities to the Barrick
property and 44 kilometers on Barrick private road to the Protocol Area access control point at Tres
Quebradas. The project scope includes upgrading 70 kilometers of an existing public road from Punta
Colorada and construction of 48 kilometers of new road to join the road from Alto del Carmenon which
runs to the Barrick property. Once inside the Protocol Area the road continues an additional 23 kilometers
up to the entry to the mine site at La Mesa.
Primary access in Argentina will be by public highways to Tudcum, some 200 kilometers north of the
San Juan Province capital city of San Juan and from there 157 kilometers on an existing private road to
the access gate to Barrick´s Veladero Mine and another 30 kilometers through the Veladero property to
the Protocol Area. Once inside the Protocol Area, the road continues another 5 kilometers to the plant site.
- 79 -
Geeze ...should be fluent in Spanish by the time this is all sorted out !! lol
goldpanner
"ABX has responded to MWR"
I've heard the same so there may be some truth to it !!
goldpanner