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You guys are doing great getting your votes in, keep it up.
14, 18, 99
TDAmeritrade is and I think Fidelity is as well. Still working on the issue, hope to have the necessary work done today to fix it.
EDIT: I am supposed to get an update on the status this afternoon.
I stole this from another forum, but thought everyone would like to see it on here. Jennifer Weaver is the only writer that I have seen so far put out our story after the SEC mess.
Here is an attached article from the spectrum. I have heard that the author has received nothing but hate mail. Please contact her and tell her that her views are appreciated (especially on CPRKQ) Also her managing editors contact is below. I have heard another writer for the spectrum wants to debate her. Isn't it ironic today's front page was an associated press article about illegal dumping on public lands in Skull Valley. Her article was buried in the back of the paper
Cedar City Daily News Bureau Chief Jennifer Weaver at 865-4526 or e-mail jeweaver@thespectrum.com
St George Editing manager Tod Seifert tseifert@thespectrum.com main switch board 674-6200
www.thespectrum.com/apps/pbcs...=2009912260303
--------------------------------------------------------------
Article by Jennifer Weaver.
If a New Yorker moseyed onto my property claiming its beauty should be beholden to the public and, therefore, be designated as protected wilderness, I would commence yelling, "Get off my lawn!"
That's exactly what Utahns should be doing with the American Red Rock Wilderness Act of 2009. Yet, there is mostly silence from the public. Seriously, have we forgotten the 1.9 million acre land grab by President Bill Clinton with the national monument designation of the Kaiparowits Plateaus in 1996? That's chump change compared to the 9.4 million acres the act is seeking. That's one-sixth of the state designated to wilderness, primarily in southeast Utah on the Colorado Eastern Plateau.
That translates into the closure of the lands to any mechanized access, including bicycles. It also ceases any opportunity to explore the rich mineral and natural resources to generate energy from that area for local and national use. It also stifles economic development in rural Utah.
Alas, the legislation has 21 sponsors in the Senate and 138 sponsors in the House. The act was created in 1989 by the late Rep. Wayne Owens, D-Salt Lake City, who introduced the 5.7 million-acre Citizens' Proposal bill. It has been pushed by Rep. Maurice Hinchey of New York since 1992. Sen. Richard Durbin of Illinois joined Hinchey in 1997.
For the first time in two decades, the bill has made its way before the House Resources Subcommittee on National Parks, Forests and Public Lands.
Members of various special interest groups linked to the bill - such as the Southern Utah Wilderness Alliance and Grand Canyon Trust - have been thrust into the limelight because of allegations of conspiracy and securities fraud. This should concern every Utahn because it is these groups' dollars pushing for passage of the bill, and I don't think any legislation should be bought and paid for the way this act appears to be.
Case in point from several published accounts and online reports accessible to the public:
Swiss billionaire Hansjorg Wyss, who owns the Wyss Foundation, helps fund SUWA - $574,171 between 1988 and 2000. Wyss is a SUWA trustee and former SUWA chairman and Grand Canyon Trust trustee. On June 16, a grand jury indictment charged Wyss's company, Synthes Inc., with 52 felony counts on accusations the company engaged in illegal "off-label" use of a bone cement in spinal surgeries.
Three patients died on operating tables in 2003 and 2004 during surgeries while company sales representatives looked on, the indictment said, according to The Associated Press. Wyss is not named in the indictment, but he is well-known for donating significant amounts of money to Democrat members of Congress who favor SUWA goals.
New York millionaire Bert Fingerhut - who served on the SUWA board of directors for 18 years, was a Grand Canyon Trust trustee and served as the director of the Wyss Foundation - pleaded guilty in May 2007 to one count of conspiracy in connection with a plot to reap more than $12 million in illegal profits by circumventing rules controlling how private banks are converted to public ownership. As part of his plea deal, he forfeited $11 million. On Aug. 3, 2007, he was sentenced to two years in federal prison.
Fingerhut's wealth stems in part from timber. Also, he gave substantial donations to Hinchey's campaign.
In October 2007, Mark Ristow, SUWA's treasurer and a trustee for nearly 20 years and chapter official of the Nature Conservancy, pleaded guilty to one count of conspiracy to commit securities fraud in a scheme similar to Fingerhut's. In February 2008, he was sentenced to 20 months in federal prison and forfeited $2.8 million in profits.
Like Wyss, Ristow is a long-time, high-dollar donor to the Democratic Party committees. In fact, he contributed $3,000 to Rep. Owens' campaign in the 1990s.
Finally, the top 10 foundations funding SUWA alone are the Wyss Foundation, Educational Foundation of America, Pew Charitable Trusts, Rockefeller Family Fund, Florence and John Schumann Foundation, General Service Foundation, Town Creek Foundation, New-Land Foundation, Weeden Foundation and the W. Alton Jones Foundation. The fortunes of a few of these foundations - and others contributing to SUWA not listed in the top 10 donor list - primarily derive from oil, natural gas and timber. Whose interests are they really trying to protect? Not those of Utahns or Americans.
So, I'm standing guard, readying my vocal pipes to scream, "Get off my lawn!" Care to join me?
Contact Cedar City Daily News Bureau Chief Jennifer Weaver at 865-4526 or e-mail jeweaver@thespectrum.com
Attorneys say I can't yet comment on that.
I have NEVER said they wont trade past the 24th, I have provided links to the final court document in previous postings, what I have said is that there will be no recovery, they will be wiped out and the shares cancelled. There is no doubt at all about this, as for the last day of trading, it could be any day, you wont get any warning, but it WILL happen.
It is a bit of a tricky situation, as I understand it any money coming in like you suggest would have to be considered a gift or a donation and I hesitate to really get into it without speaking to our attorneys.
No, the members of the committee have personally committed $100,000.00 to the attorneys in case it all goes bad and there is no money in the estate to pay their fee's.
ATTENTION: Those of you who have not yet received a proxy in the mail for whatever reason can contact your brokers and have them vote your shares for you.
All the brokers received a copy of the consent form, you will probably need to speak to their proxy services rep to get it done. MAKE SURE THEY UNDERSTAND THAT YOU CONSENT TO THE PROPOSED ACTION.
Some of you have said that they asked you if you wanted to vote for "management" or "opposition" , but the Broadridge rep says that the brokers who ask that have not read the form or do not understand it. 90% of what they see is voted that way, but this is a special case, SO MAKE IT VERY CLEAR TO THEM THAT YOU WANT TO "CONSENT"
post your experiences with the various brokers here please. If you need a reference copy of the consent to send to them, let me know.
lol, less than $100 worth has traded, its time to let it go.
Any shareholder in Canada who has a problem should contact me. I have solutions.
EDIT: Let me clarify, I have solutions for voting your shares, but if any Canadian shareholdesr are actually tied up in a closet somewhere, I think you should call someone else
Shareholders in Canada can return their CONSENT forms via email or fax, contact me if you have any questions at CPRKSA@gmail.com
I just heard from the shareholder who bought those through TD Ameritrade, the necessary paperwork has been done to get the caveat emptor removed, just has to be sent to the SEC, not sure how long this will take, but it is in the works, I expect trading will be light with only a few brokers allowing trades until the that status is removed.
Edit: I was just told that Fidelity is allowing trading as well.
I see 100000 shares just traded at .0027
I am pretty sure he is saying 30 million shares, not 30 million dollars.
Obviously the stock is still trading, the brokers are reacting to the SEC complaint, OTC markets/Pinksheets.com removed the stop sign, but put up the caveat emptor, thats why the quotes are messed up today, apparently to remove it, the company just needs to send something to the SEC that says that those named in the complaint have nothing to do with the company anymore etc, etc, We also have plenty of current financial information to provide to them, its all in the court docs. I am working with current management to get this issue resolved as soon as possible. Nothing bad has happened in the court case, we are still in the game, this is just another hiccup to be resolved.
No bad news has come out, with the very low volume traded every day it can be very volatile. I see just a few shares popped it back to .0027 We were trading at .019-.002 just last week.
Understood, thanks
I am not trying to get into a credibility match, far from it, I appreciate what you bring to the board, and I don't see any need to get into on this board, just stating my understanding is different.
my understanding is much different.
No worries, nice news from the court room, the Republic bank hearing for relief from stay scheduled for June 14th has been put off until Sept 26th !!!!
06/14/2011
9:00 AM 10-29159 Western Utah Copper Company
Matter: Final Evidentiary Hearing on Motion for Relief From Automatic Stay filed by Republic Bank (doc# 483)
Reset for 09/26/11.
They will be cancelled , page 11, section 27 of the final plan approved by the judge.
Everyone can read it for themselves.
http://www.donlinrecano.com/
um...its down 5% and the bid is only .0014 and the ask is .0017 which is below the last sale. It is the definition of a sell off.
You are spot on Colorado, it seems that you need a permit to go to the bathroom in a mining operation. lol It is a full time job keeping up with everything that needs to be done to keep the various regulatory bodies happy. I believe Ron Wunderlich takes care of all that for the company.
The company has maintained their permits through the BK process, you can see the payments made for them in the monthly financial documents, I think there may be some additional permits needed before restarting the mill, but they will be paid for as needed.
TVI Pacific Inc. Announces Commencement of Exploration Well in Niger, Africa
CALGARY, ALBERTA--(Marketwire - June 13, 2011) - TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF) ("TVI" or "the Company"), through its 100% owned subsidiary TG World Energy Corp., is pleased to announce that Niger project operator, Chinese National Petroleum Corporation International Ténéré Ltd. ("CNPCIT"), has commenced drilling the Facai-1 exploration well. TVI Pacific's 20% interest in the well is funded 100% by CNPCIT under the terms of the project agreements.
The Facai-1 well is located in the Ténéré Block in Niger, Africa. The 71,155 square kilometre (27,473 square mile) Ténéré Block is located in the northern half of the Termit Rift Basin. In the southern half of the basin CNPCIT has been actively appraising existing oil discoveries and drilling new exploration wells with the aim of reaching oil reserve volume threshold to justify an export pipeline.
Click Here for Interactive Map of the Area
Facai-1 is located 110 kilometres (63 miles) north of the West Fachi-1 exploration well that was drilled by CNPCIT/TG World Energy Corp. in 2007. Security issues prevented field operations from that time until mid-2010 when work began in preparation for Facai-1 drilling.
The well will be drilled to an estimated 3,700 metres (12,000 feet) to test Cretaceous sandstones in an anticlinal trap. Seismic data analysis indicates a hydrocarbon signature at the target reservoir zone. The Facai-1 well is expected to reach total depth in 60 to 90 days.
About TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF)
TVI Pacific Inc. is a publicly-traded resource company focused on the production, development, exploration and acquisition of resource projects in the Philippines. TVI produces copper concentrate from its Canatuan mine, is developing the Balabag gold property for anticipated production in the second half of 2012 and has begun an aggressive exploration program at its high-impact Tamarok property. TVI also has interests in oil and gas assets in Alaska, Niger and offshore Philippines.
Connect With Us www.tvipacific.com
Follow us on Twitter www.twitter.com/tvipacific
"Like" us at www.facebook.com/tvipacific
IMPORTANT INFORMATION REGARDING FORWARD-LOOKING STATEMENTS
Certain information set out in this news release constitutes forward-looking information. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe", "schedule" and similar expressions.
TVI Pacific Inc. Announces Commencement of Exploration Well in Niger, Africa
CALGARY, ALBERTA--(Marketwire - June 13, 2011) - TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF) ("TVI" or "the Company"), through its 100% owned subsidiary TG World Energy Corp., is pleased to announce that Niger project operator, Chinese National Petroleum Corporation International Ténéré Ltd. ("CNPCIT"), has commenced drilling the Facai-1 exploration well. TVI Pacific's 20% interest in the well is funded 100% by CNPCIT under the terms of the project agreements.
The Facai-1 well is located in the Ténéré Block in Niger, Africa. The 71,155 square kilometre (27,473 square mile) Ténéré Block is located in the northern half of the Termit Rift Basin. In the southern half of the basin CNPCIT has been actively appraising existing oil discoveries and drilling new exploration wells with the aim of reaching oil reserve volume threshold to justify an export pipeline.
Click Here for Interactive Map of the Area
Facai-1 is located 110 kilometres (63 miles) north of the West Fachi-1 exploration well that was drilled by CNPCIT/TG World Energy Corp. in 2007. Security issues prevented field operations from that time until mid-2010 when work began in preparation for Facai-1 drilling.
The well will be drilled to an estimated 3,700 metres (12,000 feet) to test Cretaceous sandstones in an anticlinal trap. Seismic data analysis indicates a hydrocarbon signature at the target reservoir zone. The Facai-1 well is expected to reach total depth in 60 to 90 days.
http://www.marketwire.com/press-release/tvi-pacific-inc-announces-commencement-of-exploration-well-in-niger-africa-tsx-tvi-1525616.htm
You don't pull a permit on land that you wont get to until 50 years from now, you just pull 20-30 acres like he did for the Hidden Treasure pit, mine it out for a few years and move on the next piece. Its common practice in the mining industry. The land is there, the leases are in the court documents, hell the Equity Committee chipped in to help pay the leases to the land owners to keep the property in tact. The actions alleged in the SEC complaint, did indeed happen years ago before the ESHC was involved, if there was fraud more recently like you claim, then I hope they go after that as well.
The ESHC is fully supportive of the SEC’s ongoing efforts to shed light on the past business practices of Copper King management and those contracted by management to help facilitate the funding of Copper King. We welcome the chance to expose any prior questionable business practices conducted by anyone associated with Copper King and we support the SEC’s efforts in holding those individuals who participated in any questionable business practices responsible for their actions, both civilly and criminally as the situation warrants.
As the shareholder’s representatives in the bankruptcy case involving Copper King, the ESHC wants to let all shareholders know that the events of the past week regarding ongoing SEC investigations did not come as a surprise to the ESHC. The ESHC has been aware of ongoing SEC investigations throughout the pendency of the bankruptcy case.
The specific allegations in the SEC’s complaint are not contested by the ESHC, as they pertain to events that occurred several years prior to the ESHC’s involvement in the bankruptcy process. However, the ESHC cannot stress this point strongly enough, the allegations in the SEC complaint do not accurately reflect the status of Copper King’s physical assets at the present time.
The mill does have electricity. The mill does have water. These facts have been repeatedly verified by on-site inspectors that have visited the site numerous times on behalf of the ESHC.
The land holdings relevant to the mining and milling operations greatly exceed the meager “20 acres” alleged in the SEC complaint and the ESHC can say this with absolute certainty. The ESHC has been instrumental in assisting current management with maintaining a vast majority of the leases that make up the Copper King mine complex. The “20 acres”, as alleged in the SEC complaint, references the size of the acreage that had been permitted for mining at the time that Mark Dotson is alleged to have made his questionable statements; however, the amount of permitted land was only a small fraction of the thousands of acres that make up the Copper King mining project. That acreage remains intact to this day and the ESHC is committed to maintaining the integrity of those lands for future exploration, mining and production for years to come. The ESHC has no reason to doubt that as exploration and mining continues on the property, the permitting process will also allow ongoing mining operations throughout different sections of land included in the Copper King mining complex.
Again, the allegations referenced in the SEC complaint are based on events several years in the past and are not reflective of the current status of the assets controlled by Copper King.
The ESHC also wants all shareholders to understand that the allegations contained in the SEC complaint do not, in any material way, change the ESHC’s continued belief that the Copper King mining and milling project is a viable business and that with the proper stewardship, Copper King has the potential to provide a return to all current and future investors.
With an eye toward proper stewardship, the ESHC has assisted in taking action to remove the current board of directors and officers. The ESHC continues to believe that in order for Copper King to be successful, new leadership is critical. This is particularly true in light of the lack of leadership demonstrated by Copper King management during the course of events that substantiate much of the SEC complaint.
The ESHC continues to work on behalf of the shareholders and we welcome further comments and inquiries.
We are indeed making progress,but some shareholders just received their forms this past week. I have not yet heard that anyone in Canada has received theirs yet because their postal service is on a partial strike. A lot of depends on how fast the post office can move. Please don't delay in returning your CONSENT If you are in Canada, or the UK or elsewhere in the world, you can contact your broker and have them vote for you, BE SURE YOU ARE CLEAR THAT YOU WANT TO CONSENT All brokers should have a CONSENT on file, if you have any questions or concerns please email me at CPRKSA@Gmail.com or my cell phone number is on the CONSENT form, don't hesitate to call me.
If you own at least 500K shares and have not received a form yet, check to see that your broker has your correct address on file, while your broker did not do the mailing, they provided your address to the Proxy Service. If you have moved or changed address's for any reason, make sure your mail is being forwarded.
ALSO THIS IS IMPORTANT: If you hold electronic shares through a broker, and you faxed or emailed your consent to the attorneys from an email, YOU STILL NEED TO RETURN THE ONE YOU GET IN THE MAIL TO THE PROXY SERVICE IN FARMINGDALE NY, THERE IS A STICKER ON THE LETTER THAT THEY USE TO COUNT YOUR VOTE.
14, 48, 99
I have seen it and played that game as well, the bad thing on this one for me is the volume. With the position size I prefer to take on these plays($10K) its just so low that the odds of being able to get out on time or be left holding the bag don't look good.
Now that is probably the best post I have seen in this thread in months.
Tomorrow is fine Janice, ran out of free message time. LOL
Direct him to the court documents
Here is Wilfs take on the situation
http://alldeepblue.com/site/?page_id=14&vasthtmlaction=viewtopic&t=69.0
This is a personal message from Wilf Blum:
Today I was named in a civil lawsuit by the SEC. The actual case involves me raising more than $12,000,000 for Copper King Mining using rule 504D.
This is not a criminal case and as such there is no finding of fraud on my part. I have been accused of raising too much money under the rule.
The case does not involve Deep Blue Marine Inc., nor any actions on my behalf with regard to Deep Blue Marine Inc.
However, this is a very material fact and shareholders of Deep Blue Marine should be aware of it. As a result of this I have posted this message on our forum.
Wilf
wilfblum Member
Posts: 66
Re: SEC filing
on: June 9, 2011, 23:03Remember if you need to phone me about this my number is 801-201-4691
Wilf
Wilf Blum just resigned from his other company
http://alldeepblue.com/site/
Plan approved, common shares to be wiped out according to the plan, I have been saying the same thing for many months, its been in the court docs since the beginning , get out while you can and remember those who tried to mislead you.
Looks like the shareholders are happy to see this action being taken. I know I am.
Yep, the final nail is going in the coffin for the current common shares, absolutely NO recovery for them. This was known from almost the beginning of this case.