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Hi there Poobah, I agree that Brent had the support, no doubt about that, I just have a hard time for the way it was done, thats all, no scruples from Mr Johnson, he basically cleaned the closet out without the two director knowing what he was doing, that is all I am saying here, nothing more and nothing less, I do not like the way it was done
period
I dont really need to ask Rover the good things as I have been around long enough to know the following
PSS has not moved up but rather down, that is MSX's fault for that not market manipulation
Press Releases that had to have been retracted is unprofessional, just look at the writing, some of the pr's have been written so awful no wonder the pps is where it is at
At the AGM, there were alot of questions asked with clouded responses from the podium but I understand that because there could have been barrick people in the room but just a lot of we got this and we got that, well, really MSX has nothing at this point, at least to the public's knowledge, but I hope for that to change soon
Wow, you are a true professional
Yes, I agree that Brent must be holding something(s) very close and not releasing anything until his lawyers give him the green light, i also agree that my perspective of Brent has severely changed for what he has done, I bet $1 that Brent does not even have a business card and I just dont get his marketing strategies as nothing in the past has worked, IMO at this point the pps should be around $3 to $5 based on speculation, I think a booth at the gold show and using a pr firm as they have the connections, not Brent himself
I will not continue to grill the company, I will stand back and watch what MSX does and post my feelings here for all to read
Not really goldfork, after the AGM, I have actually changed my interpretation on Brent and MSX for reasons that Brent spouted out at the AGM
I remember Brent saying publically that he was not surprised that the 2 new directors were voted in from the people in the room, remember, those extra 4 names that were put on the ballot were not able to be voted for via proxy
This leads me to believe that the vote was predetermined before the meeting even started and of the 4 new people, there were only 2 that had the strength to talk about themselves to the room, the 2 that were actually voted in did not even stand up out of their seats to acknowledge the room before or after the votes were counted
Although certainly not illegal I feel Brent pulled the carpet from under his 2 former counterparts basically telling me that Brent seems that it is ok to run the company himself, just wanting to get rid of the two former directors and get a couple friends perhaps to replace them that will probably just rubber stamp everything for Brent to run the company how he wants with no votes per say from his 2 buddies.
You and the rest of this board will perhaps be all over me for this position, however, Brent has been shown new and improved ways of marketing this story and get MSX on the map, however, he continually just dismisses them with the 1970's style of marketing as nobody really cares of any PR's put out to date, that shows in the pps so just think about it before all the nasty responses i am sure to receive
Great New Lows for MSX, not only was there no earthshattering news at the AGM, but now the pps is even lower then last week, great job from our MSX bod
"PAV JORDAN - MINING REPORTER
The Globe and Mail
Published Friday, Feb. 01 2013, 10:03 AM EST
Last updated Friday, Feb. 01 2013, 4:10 PM EST
Barrick Gold Corp. is considering the sale of its energy unit as the world’s largest gold miner continues a radical revamp of capital spending and corporate strategy to focus on rate of return and free cash flow.
The unit, created four years ago as a way to mitigate energy costs, was effectively put on sale this month in an open auction process, with a data room opened in recent days.
Toronto-based Barrick has been on a mission to realign its fortunes since last June, when it dismissed chief executive officer Aaron Regent amid broad-based investor discontent with the company’s fading stock price.
Incoming chief executive Jaimie Sokalsky said on taking the post that he would realign Barrick’s strategy to focus on returns to investors rather than the industry’s historic focus on production growth, often at any cost.
A month after taking the helm at Barrick, Mr. Sokalsky announced a 60 per cent rise in costs at the Pascua-Lama gold and silver project that straddles snowy mountain peaks between Chile and Argentina.
“Barrick is currently evaluating opportunities to optimize the company's global portfolio as part of a disciplined capital allocation framework introduced in 2012,” said Barrick spokesman Andy Lloyd.
“Opportunities to divest non-core assets, including Barrick Energy, are under consideration as part of this process,” Mr. Lloyd said.
Mr. Sokalsky has deferred some $4-billion in planned spending on projects that did not meet rigorous investment criteria, and shelved plans to develop two multibillion-dollar projects, Cerro Casale in Chile and Donlin in Alaska.
Barrick Energy is the company’s oil and gas unit, providing a hedge against the company’s exposure to oil prices. In a 2011 annual report, Barrick said the energy unit made a net contribution of approximately $156 million, helping to reduce cash costs of producing gold at the company.
Barrick Energy was formed in 2008 with the $410-million cash acquisition of Cadence Energy Inc. It bought the company as part of a long-term strategy to hedge oil exposure at lower rates than those available in the forward market and has nearly tripled production in subsequent years to some 9,000 barrels of oil equivalent a day from 3,600 when it was acquired.
In January, Barrick backed off efforts to sell its African unit to state-owned China National Gold Group (CNGC), unwilling to settle for fire-sale prices even as it struggles to cover massive cost overruns elsewhere."
Why are Mods on this board allowed to PM things like this to unsuspecting investors here on Ihub? Please remove this person as a moderator here, he or she has no business here, thanks in advance and this private message is from Yourkiddingright to island_looker
island looker....
You are in for a surprise that you won't like.....keep buying stock and touting how great JL is.....you and all the blindly trusting longs here are going to look like fools....thats reality, not peoples wishes or dreams. JL is a con man with heavy mafia ties with the Papalias who have been involved with numourous stock scams....and this is one of them. Think to yourself...why would a man as cocky and arrogant as JL not post the title for all to see and shove it in the detractors faces? One reason...he does not, has not, and never will have title....stay tuned!
Will do and thanks in advance for the heads up I must have cruised through it too fast
Please correct me if I am wrong, I dont think proxies matter in a vote that just happened today, if that were the case, why were three names added to the ballot today, obviously if you are correct about proxies, why the hell did Brent allow to waste our time today, that took over an hour my friend
Those proxies I dont think mattered, It was the votes in the room only imo please correct me if I am wrong here, I am sorry in advance if I am wrong here
Did you know that there were people in the room who were approached by somebody from MSX asking them if they knew who to vote for?
Why would that have to happen my friend? ???
Not that it matters now, just an observation I noticed and overheard thats all, not a big deal though just an observation
Good post, I also wonder if things will ever change from that "Chile is a no brainer"
So far the no brainer has caused MSX to retract PR's from the BCSC so obviously MSX management will continue to be scrutinized until things change
It does not matter from what has happened, the key is to learn from ones mistakes and CHANGE it and I have not seen this but hopefully I soon will
I am not whining pal, lets face it were you at the meeting? Do you think things were done professionally, if so, you have no idea of what professionalism even is
I could not agree with you more, when I receive mail from my credit union or chamber of commerce or whatever, those businesses always send out a picture on paper with a write up of each individual who is running for certain positions
ALL shareholders of MSX should have had this in their package and been able to email and or talk to the individuals to get a better idea for who to vote for in advance so a ballot is then mailed back to a lawyers office or faxed, the lawyers office totals the tally and bam, that is how you do things, not mickey mouse that I witnessed today
If it were my choice, I would be scanning my bills for travel to the AGM and send them to MSX for reimbursement because I was dissapointed not in who won the ballots but how it was conducted, seems some things will not change for MSX and that is professionalism
The website was not really talked about from MSX management
The documents on msxgold.com were not even brought up
JL was there and address the room professionally as I expected
Titles were displayed from the get go of the meeting on huge I would say 4 x 6 ft boards to each side of the podium
I have no doubt JL has title, I just dont like some of the long winded answers that were received by the room from good questions
I also dont like you private messaging me with garbage why JL is who you think he is and from only a few days ago, do I need to post it for this very board to checkmate your integrity?
Now I would suggest YKR to back off this board, you are far too aggressive for my liking pushing buttons and twisting things around, if you really needed to see titles you should have been there
Yes there was internet for sure, however, just because Jorge showed title does not mean that the pps should sky rocket to the moon my friend, think of this, if Brent and Co cannot meet the criteria for a 50/50 JV and Jorge walks away (I am not saying he will for a minute) where does that leave MSX shareholders, I can see the pps soon move up if Brent does the right thing and gets help and I really believe getting money for pascua will be easy,
All JL and MSX has to do is take Jorge's clean titles to a bank and show them, allow the bank to do its DD and the loan will be signed pretty quickly in my mind.
I am thinking there is still some work to be done in Chile, Barrick probably has to really dig their graves further, charges layed must have a judgement and once the barrick executives along with the others that were mentioned in the meeting including barrick toronto people are brought before a judge to answer to their criminal charges in Chile, I then believe the pps for MSX will climb but not before that as nobody really believes the story in mainstream life but I could be wrong
nice try, it was after 1pm pacific time so trading closed for the day
I disagree, unless you knew or know them 2, they did not even stand up after the new people were introduced with Brent as the new directors, remember, it was only hours ago goldpanner1
Goldpanner, I dont think it really matters of what gender the participants were, if the 2 candidates had the courage to talk to the room and tell them why people should vote for them, I think it was totally rigged that Brent's friends were voted in and that in my mind is nothing short of a coupe, does nobody see this?
How can 2 people that the majority of the room did not know except for Brent's friends, obviously the majority vote for somebody who said NOTHING, fishy to me
Dont remember their names, however, that name was not one of them if I remember correctly
LOL, the new board members must be friends of Brent, they did not even step up to the podium and give a background as 2 others did, that to me equates to this being settled before the meeting ever happened, as Brent said himself during the meeting, he was not surprised from the outcome due to brents close buddies owning the majority of the shares of the company so it makes sense to say that the two new appointed directors were already in before the meeting started imo, also I hope this was not done just to allow Brent to run the MSX show himself as the 2 newly appointed directors just rubber stamp Brent's wishes meaning there will no longer be any internal head butting due to Brent's friends running the company with Brent, does this make sense or way out to lunch? I am sure we will see if the direction of MSX stays consistent with its failures to date
I believe the market is rewarding ABX for its fraud, even though its not out yet, I BET a dollar that all the big shots in the financial markets along with Federal Government Officials know that Barrick is is hot water over Pascua, even though ABX's spokesperson Andy Lloyd has called publicly Jorge Lopehandia a Serial Litigator
Funny thing is, WE all know that Barrick is a SERIOUS litigator when it comes to suing a party, person, or business for slander...etc... so Why has Barrick not Sued MSX Yet?????
Why not Andy Lloyd, come on you can tell us old boy, is it because abx is lacking official legit title to get your pascua project going?
Tomorrow I shall find out and catch a thief will be the first on this very board to hear about it and collectively at the AGM, we may just find out who the real thief is
Ok Jorge, I agree with the facts here....yes for sure, I also believe that those who call your family name down and libel....etc... should not be left for those authorities you type about deal with them, take ip addresses etc.... and when things are proven at law to be in your family names favour would it not then be the time to go after them at law? Rather then just calling each other names on a chat board that about 30 people look at along with the authorities?
Again, I agree with what you are doing to protect your family name with all the bs posted, but I also believe there is a better way to accomplish this rather then how it is currently happening, thats all
Why not call him yourself, IF you look at the page on cnsx.ca when you open up MSX, the website is www.msxgold.com so perhaps you are missing something here in that if msxgold.com is the official website, perhaps you have answered your own questions regarding JL and ownership titles, if they were not titles, why the heck would MSX have them on their official website?
I see www.msxgold.com is back up and running
any bets if some news comes before the AGM, one would think a possibly great PR as JL suggested would be better for BJ's comfort zone at the AGM
How low will MSX go? I see our market maker scored another great deal today at .30 WOW
Thanks for that info SilverBars, I am now thinking it would be a GREAT opportunity for ABX to have their statements not only on their website regarding MSX and JL and Pascua along with their phantom PR from roughly 21 Dec 2012 stating that MSX is wrong along with JL and that ABX has all necessary rights to mine Pascua, I call a big BS to that or ABX would have been making money by now roughly 19 years after the ABX/Gong Show Pascua fiasco started
I believe ABX to be out to lunch here for those aforementioned reasons and the fact that ABX has not sued MSX or JL for what is going to take ABX's head off soon at law.
They are DONE at ABX unless of course a Buyout happens and I dont care to hear from everybody that a buyout would be illegal because it is simply NOT, it is a business transaction that is all
Stay Tuned for more of the gong show, I can see the tension deep in the ABX headquarters LOL
Unfortunately, there was nobody available so I said I would wait and see and hear good things on Friday at the AGM.
Cheers
Perhaps tonight there will be a PR put out by MSX? I do see that the official MSX site is down, strange to say the least.
Anybody?
About the website, if you were to follow this link, under company info you will see and answer your own question, http://cnsx.ca/Page.asp?PageID=2013&AA_RecordID=389
To ALL the Desperate Posters Here
I hope you all show up at the AGM this Friday at Hotel Vancouver to learn what is transpiring here, if you fail to show up, you risk losing out on vital information therefore posting here after the AGM will most certainly be taken by all as GARBAGE,
Especially for those who are hunting a thief in Santiago Chile, lol
YKR, you are unbelievable here, if JL posted his title this is what would happen and you know it,
You and your 4 or 6 very close friends here on the board will all just call it fake so I see no value of JL posting his title on a chat board, It will never change the outcome, we all know this, MSX probably has the goods, that is good enough for me.
perhaps this week perhaps next week perhaps next month or year, I dont know and nor do you YKR
Thats fine YKR, you would not buy this stock at $1.00 so why do you continually bash and ask questions here all the time and doubt JL and MSX's Brent Johnson?
You have just admitted that you do not own MSX shares and would not ever buy at .01 pps so why continue your nonsense here and just go away, you have admitted to all here on the board that you have no interest in MSX so why continue your rants and displeasure with MSX?
You must have absolutely zero interest in this company but also have no life which is why you are here all the time spreading your verbal diareah my friend, so from your last post
I have just caught a thief!!!!
Yes, you are right however, it is MSX's job to put the news out there as they have been regarding their business partners success in Chile V. Barrick so news coming that you are not going to like YKR
LOL, I can really see your attempt in total and nothing short of desperation to really make out that JL and BJ of MSX are idiots, the fact that you know nothing nor does any other shareholder or we would be posting from our crystal balls
YKR, you are one of many in ones head so instead of libeling everybody here on the chat board, why not just really come out and say, "I bash JL and MSX because I enjoy maintaining a low pps for MSX so I can continue to scoop up more shares at a bargain deal"
Cheers
I just listed to the roughly 5 second spiel on MSX is winning a court case v. barrick gold corporation, and in my honest opinion it sounded like a radio ad. lol, I believe that would be a GREAT IDEA in a Financial Newspaper and ad the pic of the 3 amigos from Chile with a headline something like
MSX MOUNTAIN STAR GOLD'S BUSINESS PARTNER, JORGE LOPEHANDIA IS WINNING ITS CHILEAN COURT CASES V. BARRICK GOLD CORPORATION FOR CLEAN TITLES FOR CHILE'S LARGEST ORE DEPOSIT, MINA PASCUA
then the write up below would be full of facts at law already proven that barrick has been fraudulent of 19 years and that is why they cant open the mine, because of a guy by the name of JL, who holds title and is in the midst of a 50%/50% joint venture with Vancouver's based junior miner Mountainstar Gold.
Brent and Jorge, after next Friday's AGM at Hotel Vancouver I am hoping that MSX bod will have enough overwhelming evidence at law, to bring to the media and get this story OUT THERE and sign the damn venute agreement, one would think there would be investors lined up to get their piece of the pie and I BET anybody $100 that there is probably WAY MORE GOLD in that particular Mountain of Gold but I could be wrong but I believe Barrick has underestimated their 18 million ozs of gold from their drilling results
thoughts
CAT, you clearly are NOT an investor of MSX so why not blow your whistle somewhere else, you always threaten JL with this and that, do you really believe that Brent is that much of an idiot to just give away $3m come on dude, reality is painting a picture for me that barrick will be very soon tap dancing on a mine field and Brent and JL know exactly where all the mines have been planted, and as the GREAT NEW NEWS comes to light in Canada, USA from Chile, barrick insiders will be running blind through the minefield blowing themselves up as their counterparts in Chile have already done at law in Chile, why not give up CAT and stop the bs you continue to peddle here
Jorge, seems you are a poet and didnt even know it with your last post lol
I believe MSX is holding serious implications for Barrick at pascua very close to their chest, the fact that MSX continues to raise funds and quickly at that and no law suit from a trigger happy abx corporation really makes me lean toward a tornado of S**T coming their way and abx will soon imo be forced to cave in at law and tell the truth about their fraud or I would forsee MSX dragging the following into Canadian Courts
TSX, BCSC, OSC, and the rest of the fraudulent people attached to abx, and remember one thing here.
Madoff had his ponzi scheme going for YEARS like barrick now, but he finally got taken down, so I look forward to the success of MSX and business partner JL at pascua, time will tell, perhaps good things will be shared at the AGM, wonder if any barrick participants will be there in disguise asking all sorts of off the wall questions as posted on this very board to divert the truth, how long can this go on for is a very good question before its all said and done.