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LOOK AGAIN
Mountain-West finds Lopehandia owns Mina Pascua
2011-10-31 17:29 ET - News Release
Mr. Brent Johnson reports
MINA PASCUA IS OWNED BY JORGE LOPEHANDIA
Mountain-West Resources Inc. is in the process of being registered to the Amarillos Sur and the Amarillos Norte claim groups belonging to Jorge Lopehandia Cortes. The company has been registered with the Mines Curator of Chile as to holding an Option to acquire 50% of the property.
The Company signed an Option Agreement on May 20, 2011. On August 2, 2011 the Company announced an extension for completion of the second million dollar payment. This payment was completed on September 15, 2011. The Company previously advanced approximately $950,000.00 to Lopehandia.
The Mines Curator in Chile has acknowledged the transaction and stands ready to register our Agreement. The Option Agreement will be recorded when the Ministry of Foreign Affairs signs off on the translated agreement. This agreement was legalized by the Chilean Consulate in Vancouver, BC on October 13, 2011. The optioned claims, namely Amarillos Sur and Amarillos Norte, blanket the following areas of Chilean mining concessions located at Mina Pascua Chile with a total of 8600 hectares (Amarillos Sur: 3400, Amarillos Norte: 5200).
AMARILLOS 1-3000, reported by Barrick Gold Corporation in 2011 allows Barrick to call Pascua their concessions. It should be noted that "Barrick Gold Corporation has no registered ownership in its name over the Mina Pascua portion in Chile". The National Service of Geology & Mining ( SERNAGEOMIN, CHILE) shows the Amarillos 1-3000 recorded as salts and nitrates concessions. This would prohibit any company from mining gold or precious metals.
The TESOROS 1-30 to TESOROS DOCE 1-5 are also listed as owned by Barrick Gold Corporation in its 6K form filing with the New York Stock Exchange Securities Exchange Commission 2011. These claims have been under judicial injunction since June 5, 2001 (C-1912-2001) by the 14th Civil Court of Santiago, Chile. This injunction (2001-2011) is currently preventing its registered owner, Hector Unda Llanos from using or including these concessions in any contract. In 2011, Lopehandia is registered as the legal holder of these concessions.
The Company wishes to announce that on the strength of the available due diligence and official data, it is resolved to:
complete its Mining Option with Lopehandia before the 60-day contracted time limit;
prove to Barrick Gold Corporation, SEC, TSX and auditors involved whether Barrick Gold Corporation does own Mina Pascua with the properties cited in its 2011 released data, or as per its published Pascua Lama Protocol of December 11, 2004 in Chile.
Stick a Gold Fork in me....I'm done !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Some trivia: which one of our major shareholders fixes broken cats for a living?
Does heap of leach know anyone that has driven from Juneau to Mina Pascua?
Does anyone want to venture a guess as to how much ass covering Barrick will be doing when mainstream breaks this story?
If Pascua Forenics was a spanglish motivational speaker would you go to his seminar? Methinks I would!
This is no. 10 I'll take a break now and Jorge- up In 5
[color=red][/color] hey ABX look out below!!!
Does anyone relize that our little company may put the CNSX on the map?
I would like to look over that dead post of Rover!
Does anyone miss Steve Davis?
Does anyone know if Barrick Obama owns any shares?
Anyone interested in selling at 61 pennies tomorrow?
You do know that this stock is going to blow threw a toonie very soon!
I said If your happy and you know it say Jorge!!!!
Great idea Gold Fork!!! Let's all get started and move this baby up!
Hip Hip Jorge!!!
ATTENTION MWR SHAREHOLDERS ACHTUNG!!! IS THE Freedom of Information and Protection of Privacy Act THE ANSWER?
In this mess of legal jargon (link provided below) can anyone shed some light on if "WE THE PEOPLE" can find a way to force the hand of the Government to give up information on TSX and Barrick relating to Pascua Lama / Mina Pascua.
There must be a whack of information stored away in relations to this matter.
Heres the link:
http://www.bclaws.ca/EPLibraries/bclaws_new/document/ID/freeside/96165_00
HAPPY RESEARCHING
NCD
This is still a huge buying opportunity at these levels. As far as the deal not being approved yet there seems to be a hang up with respect to the Spanish Legal DD. This too shall pass and I expect a deal approval with forethcomming much higher share prices
Let the ABX'ERS enjoy for now, as will soon be curled up in a ball licking their nuts. JMHO
Looks like were shaking out the week hands at .68 on 40,700 shares.
The early birds are certainly getting the worms this morning!!!
I think that there will be some big news from Chile, possibly the criminal indictments that have been mentioned in the past.
Reality is the entire banking system is a ponzi scheme so we just need pray that we get clousure on this soon. Then we can start living life with true freedom.
NCD
Thats funny I went into history of Wikipedia edits and see that this edit was done by one NewClearDay, what a coin incident that the same handle I use. I know nothing , I hear nothing, I see nothing!!!
NCD
GO TO http://en.wikipedia.org/wiki/Barrick_Gold#Legal_controversyThe
news release is there too!!!
NCD
Stockwatch has used SCRAMBLE several time's in MWR news release headers.
Here are a few of my favorite defintions of the word.
scram·ble:
a disorderly struggle, esp to gain possession
To take off with all possible haste, as to intercept enemy aircraft
To run around with the ball behind the line of scrimmage in order to avoid being tackled while searching for an open receiver.
To run forward with the ball when unable to complete an intended pass play. Used of a quarterback.
Chillax and have a
NewClearWeekend
Rover,
Just like to keep the board posted on any significant changes in barrick's institutional holdings. We have seen directors and insiders selling usually the next step would be instutions.
The data provided in the previous post shows a net change of minus 26 plus million shares. Some bigger players such as JPM and GS have been significantly reducing their barrick holdings over last several years.
You can make your own assumptions.
Barrick Gold Corp (USA) (ABX)
$47.39 0.22 (0.47%) as of 4:30 Fri 5/27
Download
Institutional Holders
Viewing Quarter : Current Quarter 2010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-31
Total Institutions: 557 14 Total Institutions:
Total shares held : 668,225,440
% of shares held : 67.88%
Changes In: Chanes In:
New/increased positions vs
old/decreased positions : 10
Amount of shares held : -26,487,340
% of shares held change : -2.69%
Quarter Price vs. Current Price: Quarter Price vs. Current Price:
Last Quarter's Starting Price : $52.59
Last Quarter's Ending Price : $51.91
Last Quarter's Average Price : $49.77
Change from last quarter's
avg. price to the last closing :
2.38 (4.78%)
All Securities Held : Positions Shares % Of
Total Shares
New Positions : 43 2,756,800 0.41%
Increased Positions : 224 46,564,935 6.97%
Unchanged Positions : 90 52,106,381 7.8%
Decreased Positions : 200 -58,341,638 -8.73%
Closed Positions : 57 -17,467,437 -2.61%
Guru Positions : 4 179,424 0.03%
Page 1 of 1
Free Registration Required For Full Results
Institution Name Portfolio
Position New/Closed
Position
Filing Date
Total Shares
Total Value
Change in Shares
File
CAPITAL WORLD INVESTORS 37 - 2011-03-31 41,866,500 $2,173,290,000 0
ROYAL BANK OF CANADA 12 - 2011-03-31 34,679,582 $1,800,218,000 985,234
FMR LLC 47 - 2011-03-31 34,249,962 $1,779,760,000 -3,679,081
BLACKROCK INC. 6 - 2011-03-31 26,228,238 $1,361,509,000 398,109
HARRIS FINANCIAL CORP 9 - 2011-03-31 20,672,306 $1,073,099,000 -2,448,240
VAN ECK ASSOCIATES CORP 1 - 2011-03-31 20,610,381 $1,069,885,000 -5,088,371
TD ASSET MANAGEMENT INC 8 - 2011-03-31 17,044,931 $883,159,000 795,384
CAPITAL RESEARCH GLOBAL INVESTORS 97 - 2011-03-31 14,544,203 $754,990,000 -1,890,300
BLACKROCK GROUP LTD 37 - 2011-03-31 14,392,797 $747,129,000 356,741
NWQ INVESTMENT MANAGEMENT CO LLC 7 - 2011-03-31 12,963,872 $667,899,000 -393,923
BLACKROCK INSTITUTIONAL TRUST COMPANY 130 - 2011-03-31 11,408,460 $592,213,000 1,236,170
TORONTO DOMINION BANK 10 - 2011-03-31 10,349,737 $538,112,000 -581,892
JULIUS BAER INVESTMENT MANAGEMENT LLC 1 - 2011-03-31 9,689,713 $501,727,000 -4,611,999
BANK OF NEW YORK MELLON CORP 93 - 2011-03-31 9,298,272 $495,413,000 -556,949
CIBC WORLD MARKETS INC. 6 - 2011-03-31 9,380,743 $486,954,000 759,703
GOODMAN & COMPANY INVESTMENT COUNSEL LTD. 6 - 2011-03-31 9,946,638 $485,034,000 5,014,865
CAPITAL GUARDIAN TRUST CO 2 - 2011-03-31 8,807,052 $457,219,000 -1,909,541
CIBC GLOBAL ASSET MANAGEMENT INC 10 - 2011-03-31 8,705,657 $451,116,000 -2,573,056
GREAT WEST LIFE ASSURANCE CO /CAN/ 7 - 2011-03-31 8,209,634 $426,164,000 -1,256,681
MACKENZIE FINANCIAL CORP 15 - 2011-03-31 8,188,272 $423,571,000 432,383
CONNOR CLARK & LUNN INVESTMENT MANAGEMENT LTD 5 - 2011-03-31 8,154,562 $422,419,000 -1,398,260
BLACKROCK ADVISORS LLC 40 - 2011-03-31 7,693,457 $399,367,000 1,149,660
PRICE T ROWE ASSOCIATES INC /MD/ 219 - 2011-03-31 7,550,171 $391,929,000 833,060
WELLINGTON MANAGEMENT CO LLP 179 - 2011-03-31 7,439,836 $386,198,000 1,782,253
TETREM CAPITAL MANAGEMENT LTD. 2 - 2011-03-31 7,623,575 $386,075,000 1,435,000
FRANKLIN RESOURCES INC 107 - 2011-03-31 6,750,004 $350,440,000 -111,075
INVESCO LTD 128 - 2011-03-31 6,702,379 $347,663,000 -211,312
ONTARIO TEACHERS PENSION PLAN BOARD 4 - 2011-03-31 6,476,722 $335,505,000 -666,652
PUBLIC SECTOR PENSION INVESTMENT BOARD 6 - 2011-03-31 6,388,250 $330,922,000 -459,540
SCHEER ROWLETT & ASSOCIATES INVESTMENT MANAGEMENT 5 - 2011-03-31 6,271,428 $324,870,000 -170
BLACKROCK FUND ADVISORS 98 - 2011-03-31 6,206,026 $322,155,000 1,114,102
OMERS ADMINISTRATION CORP 6 - 2011-03-31 6,066,780 $314,269,000 441,200
SCOTIA ASSET MANAGEMENT L.P. 7 - 2011-03-31 5,633,827 $292,895,000 -1,654,903
IG INVESTMENT MANAGEMENT LTD 20 - 2011-03-31 5,405,230 $281,012,000 27,500
TRADEWINDS GLOBAL INVESTORS LLC 24 - 2011-03-31 24,853,684 $280,462,000 5,502,129
OPPENHEIMER FUNDS INC 55 - 2011-03-31 5,072,821 $263,330,000 -419,331
RUSSELL FRANK CO/ 22 - 2011-03-31 4,678,037 $242,666,000 793,302
INVESTEC ASSET MANAGEMENT LTD 2 - 2011-03-31 4,464,960 $231,686,000 1,161,509
LORD ABBETT & CO LLC 40 - 2011-03-31 4,442,255 $230,597,000 -2,349,959
CANADA PENSION PLAN INVESTMENT BOARD 6 - 2011-03-31 4,345,805 $225,119,000 -167,375
MCLEAN BUDDEN LTD 23 - 2011-03-31 4,453,166 $224,403,000 -9,891
NATCAN INVESTMENT MANAGEMENT INC 5 - 2011-03-31 4,214,287 $218,520,000 -852,355
HIGHSTREET ASSET MANAGEMENT INC. 4 - 2011-03-31 3,974,527 $206,343,000 -123,738
MANUFACTURERES LIFE INSURANCE CO 11 - 2011-03-31 3,890,228 $201,365,000 90,302
J P MORGAN CHASE & CO 228 - 2011-03-31 3,750,333 $194,680,000 -321,132
UBS AG 52 - 2011-03-31 3,708,345 $192,497,000 1,736,457
PLATINUM INVESTMENT MANAGEMENT LTD 6 - 2011-03-31 3,586,090 $186,154,000 -383,000
FIERA SCEPTRE INC. 7 - 2011-03-31 3,942,921 $182,762,000 -204,775
AMERICAN CENTURY COMPANIES INC 88 - 2011-03-31 3,500,456 $181,709,000 -63,584
ALETHEIA RESEARCH & MANAGEMENT INC 9 - 2011-03-31 3,436,528 $178,390,000 -6,052
CREDIT AGRICOLE S A 23 - 2011-03-31 3,423,995 $177,730,000 -1,048,053
HER MAJESTY THE QUEEN IN RIGHT OF THE PROVINCE OF 3 - 2011-03-31 3,526,245 $177,691,000 -51,300
MORGAN STANLEY 235 - 2011-03-31 3,406,286 $176,820,000 1,145,194
CALAMOS ADVISORS LLC 22 - 2011-03-31 3,301,722 $171,392,000 53,930
DEUTSCHE BANK AG 153 - 2011-03-31 3,201,988 $166,207,000 -2,423,507
CREDIT SUISSE 28 - 2010-12-31 3,050,346 $162,218,000 1,908,721
SUSQUEHANNA INTERNATIONAL GROUP, LLP 22 - 2011-03-31 3,050,587 $158,356,000 1,792,905
ARNHOLD & S BLEICHROEDER ADVISERS LLC 48 - 2011-03-31 3,042,134 $157,917,000 0
UNITED SERVICES AUTOMOBILE ASSOCIATION 14 - 2011-03-31 2,869,289 $148,945,000 80,789
Sarasin & Partners LLP 15 - 2011-03-31 2,716,623 $141,020,000 -849,530
WELLS FARGO & CO/MN 260 - 2011-03-31 2,414,835 $125,354,000 -116,521
GUARDIAN CAPITAL LP 18 - 2011-03-31 2,350,148 $121,860,000 -147,050
ICC CAPITAL MANAGEMENT INC/ 2 - 2011-03-31 2,343,196 $121,636,000 719,396
BANK OF NOVA SCOTIA / 26 - 2011-03-31 2,302,497 $119,692,000 413,240
GABELLI FUNDS LLC 9 - 2011-03-31 2,255,403 $117,078,000 145,000
BANK OF AMERICA CORP /DE/ 198 - 2011-03-31 2,153,322 $111,778,000 -91,034
BLACKROCK JAPAN CO LTD 46 - 2011-03-31 2,059,428 $106,905,000 44,167
MCKINLEY CAPITAL MANAGEMENT INC /AK 3 - 2011-03-31 1,991,040 $103,355,000 281,420
FIL LTD 96 - 2011-03-31 1,973,955 $102,131,000 773,219
MAYO INVESTMENT ADVISERS LLC 4 - 2011-03-31 1,966,500 $102,081,000 36,000
APG ALL PENSIONS GROUP 60 - 2011-03-31 1,952,595 $101,146,000 -106,628
ALLIANCEBERNSTEIN L.P. 200 - 2011-03-31 1,891,597 $98,192,000 128,236
TIAA CREF INVESTMENT MANAGEMENT LLC 259 - 2011-03-31 1,856,879 $96,391,000 -274,186
GOLDMAN SACHS GROUP INC/ 349 - 2011-03-31 1,808,559 $93,881,000 -1,919,871
FEDERATED INVESTORS INC /PA/ 52 - 2011-03-31 1,715,267 $89,037,000 1,006,715
MFC GLOBAL INVESTMENT MANAGEMENT (U.S.) LLC 31 - 2011-03-31 1,655,754 $85,950,000 -202,290
PCJ INVESTMENT COUNSEL LTD. 8 - 2011-03-31 1,610,493 $83,426,000 -703,000
TOURADJI CAPITAL MANAGEMENT LP 1 - 2011-03-31 1,525,500 $79,189,000 -380,500
BARCLAYS PLC 97 - 2011-03-31 1,516,783 $78,736,000 80,502
ALLEGHANY CORP /DE 7 - 2011-03-31 1,500,000 $77,865,000 400,000
GRANTHAM MAYO VAN OTTERLOO & CO LLC 54 - 2011-03-31 1,442,548 $76,980,000 -267,600
GMT CAPITAL CORP 15 - 2011-03-31 1,481,900 $76,925,000 189,600
ACUITY INVESTMENT MANAGEMENT INC 13 - 2011-03-31 1,431,350 $76,211,000 -340,190
RS INVESTMENT MANAGEMENT CO LLC 52 - 2011-03-31 1,418,926 $73,656,000 477,360
NOMURA HOLDINGS INC 14 - 2011-03-31 0 $72,969,000 -12,031
TOCQUEVILLE ASSET MANAGEMENT LP 18 - 2011-03-31 1,398,900 $72,617,000 425,100
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 31 - 2011-03-31 1,356,659 $70,277,000 -3,214,300
RUFFER LLP 7 - 2011-03-31 1,347,395 $69,808,000 286,290
ATHERTON LANE ADVISERS LLC 1 - 2011-03-31 1,342,910 $69,710,000 79,181
ASA LTD 1 - 2011-03-31 1,300,000 $67,483,000 0
VALLEY FORGE ASSET MANAGEMENT CORP /PA/ 2 - 2011-03-31 1,297,196 $67,338,000 43,442
CAPITAL INTERNATIONAL INC /CA/ 37 - 2011-03-31 1,277,001 $66,273,000 -94,500
AGF FUNDS INC 22 - 2011-03-31 1,273,380 $66,063,000 -244,700
WINTERGREEN ADVISERS LLC 4 - 2011-03-31 1,212,000 $62,994,000 322,400
COBALT CAPITAL MANAGEMENT INC 6 - 2011-03-31 1,180,565 $61,283,000 497,684
SUMITOMO TRUST & BANKING CO LTD / /FI 58 - 2011-03-31 1,167,594 $60,667,000 3,497
CHILTON INVESTMENT CO LLC 31 - 2011-03-31 1,163,673 $60,406,000 11,279
HABER TRILIX ADVISORS, LP 2 - 2011-03-31 1,138,981 $59,081,000 1,135,981
ETON PARK CAPITAL MANAGEMENT LP 37 - 2011-03-31 1,095,000 $56,841,000 0
CAPITAL INTERNATIONAL LTD /CA/ 20 - 2011-03-31 1,074,865 $55,796,000 -140,400
Excellent information Mr. Davis. A very welcome post !
Just like braelorne mentioned It's all on www.minapascuachile.com go to documents and download all you like. You can even send over the map.
What may be more effective is to send the info over to large institutional share holders of ABX....let them ask the questions they have more at risk than we do!
Excellent Point Braelorne and Quer! I cant find Sybil's email although if we send this question below to the following other minion's, Im sure she will get it!
Barrick Question:
On March 23rd, 2011 a week before Sybil Veenman sent her March 29th,2011 letter to Mountain West Resources Mr. Ubaldo Andres Basoa Oviedo, Acting or Substitute Judge. Authorized by Mr. Mario Neira Motto, Acting or Substitute Clerk of Vallenar Court No. One of first instance. Officially stamped, signed, and dated documents for those Amarillos Norte and Amarillos Sur concessions actually in the name of Jorge R Lopehandia Cortes.....not Barrick Gold Corp or any of its subsidiaries.
What is your position on this matter?
Yours Very Truly,
_________
Rod Jiménez
Vice President, Corporate Affairs
Telephone: +1 416 307-7427
Email: rjimenez@barrick.com
Andy Lloyd
Senior Manager, Communications
Telephone: +1 416 307-7414
Email: alloyd@barrick.com
Investor Relations
Deni Nicoski
Vice President, Investor Relations
Telephone: +1 416 307-7410
Email: dnicoski@barrick.com
Amy Schwalm
Senior Director, Investor Relations
Telephone: +1 416 307-7422
Email: aschwalm@barrick.com
Susan Muir
Senior Director, Investor Relations
Telephone: +1 416 307-5107
Email: s.muir@barrick.com
Joyce Davies
Manager, Investor Relations
Telephone: +1 416 307-7354
Email: jdavies@barrick.com
We are going into the belly of the beast!
Here's a clip of what we are dealing with:
But Barrick Gold already bribed the judges. Greenpeace, Foundation environment and natural resources (FARN), the Argentina Association of environmental lawyers (AAdeAA), friends of the Earth and dialogue for the environment (DxA) raised a demand to the Supreme Court of Justice to petition the immediate cessation of activities of the bi-national mining project "Pascua Lama" (San Juan), pursuant to the law of protection of glaciers. In the same vein, also called for "immediate suspension" of measures precautionary prevent their application in the Cuyo province.
Turn your translator on and follow the link below for the whole story!
insert-text-here
We could also list on Frankfurt check out this link:
http://www.frankfurtstockexchange.de/?gclid=CIzyscXi8qgCFQE2gwodYQ8bUw
The German's really like Gold and Silver remember they experienced hyperinflation in the weimar republic where their was so much paper money they were burning it to keep warm through the winter!
NCD
Barrick has almost 1 billion shares.
MWR has 48 million shares.
If 50 percent of the assets is worth a conservative 15 billion including production cost that would translate to a one to one stock valuation of around:
$312.50 a share
not too shabby !!!
NCD
Very well spoken Rover7!
I'm sure it goes back to his childhood, where there my have been a trigger incident that my have caused his character defect.
I too have character defects that I constantly need to change and improve on.
You however have a very fine character and I always enjoy your input.
NCD
Mr Steve Davis:
Lets be clear, your posting here have had some value, I have also known about you since you came into the MWR picture. There is no question that you have worked tirelessly on exposing the Barrick gold fraud among others.
However overall it's seems to me that you come across as an opportunist with ulterior motives, that rubs me wrong.
Furthermore you need to be told things very many, many, many, times and you still don't seem to get it!
If you must continue to post here to vent and educate us on American justice go right ahead be my guest. Just follow the rules and don't create waves with MWR management
and Jorge.
This is Just my own opinion and should not reflect negatively on anyone else.
Have a NewClearDay
Quer.Ask and you shall receive!
Steve there's a great 12step program for this addiction.....PA posters anoyomys !!!
Me three!
Great launching with a splendid tea party.
Ladies and Gentle Boys and Girls everyone be advised of the great launching of the Splendid Tea Party.
My cupeth awaiteth to overfloweth!
Have a NewClearDay!
Yo Golddigginggirl,
Hold that thought, maybe just obstain
till this is done the Climax will be much better !
EVERYONE JUST CHILLAX! There is and up and comming MAJOR Global transfer of wealth. By having a piece of the
Mountain
newgold: I think the question is more like "won't" than "can't". Lets face it Barrick is a corrupt globalist corporation, they will find a way to spin even this corroption when the truth will finally be revealed.
In my opionion there is a much bigger play going on here, let me break it down:
1) BHP is losing Escondida copper mine due to no title, it produces 7% of the worlds copper.
2) Barrick is losing Pascua lama worlds largest lowest cost gold/ silver property due to no title.
3) Barrick is aquiring equinox copper play - News quote "Barrick Gold, trumped the Chinese state-controlled Minmetals Resources with a $C7.3 billion ($A7.18 billion) bid for Equinox, which is focused on the copper belt of northern Zambia."
4) BHP is rumored to be making a takeover for Barrick.
5) JP Morgan has a huge silver short problem that has been partially due the shorting of Pascua silver for years.
I believe that copper is what they want to control now because that is the only way they can see getting out from the massive silver short position.
It funny how we have been hearing the talking heads saying "Copper is the new Gold" - if im right this is a classic rope a dope! the copper longs will be run threw the slaugher house!