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The real value is not in the dead Fitzgerald and he is dead AS WELL THE FRAUD CASE.
It is in the Chilean deal with Lopehandia's and the Chilean people who are tired of being taken advantage of and would like to see a fair deal of slow intended mineral extraction as well as living conditions all can benefit from.
movie aT 11:00
The streaming value of the Pascua Lama site will be no longer VALID as it is now suposedly owned by Barrick therefore the forward value as it relates to the Chilean side may be in jeapardy as I am fairly sure it is.
News aT 11:00
Fate and patience rewards idiots.
This is a 50$ stock mid 2011.
Silver is certainly not in an abiss. It will see 35$ in 2011.
Argentine deal is the key.
This stock will suffer somewhat when the news on Pascua Lama comes out.
It will likely loose 15 to 20 % and be in a buy position since the silver market is certainly not in bubble situation.
I predict silver to go to 35$ in 2011.
Rover,the ultra greedy at Tronox,the EC as well as the rats (Legal teams) left the Fitzgerald ship,that ship is sunk and lies with Davy Jones.
If that case had any possibilities and was at the juncture where all bailed I see no gains or settlement were possible otherwise they would have pursued the case.
MWR may have a little gain as far as a suit on contractual brake down with Tronox and Legoy-Cox,but in my view that is all.
Did Anyone out there attend the last co meeting and if so what was the general theme at this meeting?
If they are raising money from external sources other than the general marketplace there must be some logical reason to advance funds based on some sort of facts relative to solid knows on declared projects.
When will we see news on any positive?
The Fitzgerald thing is a dead thing, road kill, starting to maggetize .... there needs to be more much more...........
Thanks for that G P .
At this point can we have any expectations on any news being released regarding Mr. Lopehendia and Mina Pascua as they relate to an association with Mountainstar.
did any posters actually attend this meeting???
please identify or send in your thoughts on business items and forward looking revenue streams of any kind.......
It is unlikely following the latest news re the Nevada case that we will have any new news relative to share value upgrade in this meeting being held today.
It is overvalued where it is.
UNLESS some new development is forthcoming regarding the Chilean affair this stock will see a dramatic downturn in the next few weeks.
The Nevada fraud has lost all credibility as far as this poster is concerned.
My original forray into TRXAQ was due to this fraud case and those possibilities and because fate sometimes rewards idiots I will likely see some gains as I stayed in TRXAQ for now.
When oh when are we coming out of BK???
What is projected valuation of new shares and why have there not been any releases from the EC?
Are they quiet due to the level of satisfaction after settlement with creditors?
Are they legaly bound to non disclosure?
Anyone have any projections as to share value when the Argentine project gets its permits to go forward.
My take is at least $5.00 per share over a few months?
West Coast you mentioned you were to attend the company meeting on the 10th Monday.
Will we expect to hear from you regarding any important decisions forthwith?
It is always better to hear from a shareholder than management press releases.
I am seriously interested in how they will explain the Fitzgerald-Tronox-Cox Legoy proceedings and why any one holding shares in MWR should believe in any positive outcome in the next few months????
The case is still in progress so how much they can divulge is a question unless the whole thing is smoke and mirrors they will use as an excuse to not talk about it??
What is the cost of these proceedings and how is it being paid for???
Where is the money coming from?? What are likely results $$$$$.
What's happening in Chile??
If Chilean supreme court has made a ruling in Lopehandia's favor and MWR is invloved why can they not make any of this known??
What are the encumberances??
Movie at 11:00
Well it has sort of been a waiting game all along.
When you control nothing you wait and think of the possibilities as they unravel and in this case UNRAVEL is the right word.
What do any of you think of MWR suing Tronox as well as the legal group COX et AL on the Fitzgerald case.
For one go to Wikipedia and call on Pascua Lama it will show ongoing legal information.
Stockhouse and Investorhub blogs calling on ABX as well as MWR
There has been talk for a few years now on this matter. I believe it s coming to some sort of conclusion soon.......
Also check out ProtestBarrick web site.
There are no doubt multi streams but the Pascu Lama deal will likely leave a big hole in SLW' s futur reserves.
If it proves out to be owned by other parties. I would say 25% if not higher of SLW current pricing is based on reserves.
I wonder what will happen to SLW stock value when they anounce that Barrick does not have legal rights to Pascua Lama nor ownwership of same?????
Well my friends I did not think that I would be in a position to say that this whole Fitzgerald disaster is becoming the center stage of the circus clown act.
MWR which in reality is a one guy operation I find after doing a lot of diging has been obsessed with this case since 1995 or so.
Now I am not saying that it has no merit but if one looks at the goings on one has to be very skeptical as to the likely end results.
They MWR are suing all parties save for Fitzgerald that did (Tronox) originally believe in some positive outcome in the case that was thrown out first go in the BC Canada Supreme court in 2001 or 03 ...what up with that???
Now there is action involving all parties as a unit. This is just too riduculous to have any credibility unless you belive that 2012 is the end.
I had been following the post at Tronox so now my position is that Tronox had to bail from this case to exit BK without a carry forward regarding the Fitzgerald case the EC was watching any valuation positions which would add to their pool of funds.
They (Tronox)bailed paid off Cox for his work and left MWR high and dry for their position.
A contract had been aranged for the case as well as disbursement of any and all settlements. This contract failure is likely what this new case is all about.
Whomever reading this that is to attend the meeting as a shareholder should queiry this.
They MWR would have to clear this up to have any credibilty whatsoever.
Does anyone have any idea as to why the case has moved to Wyoming?
Were there available air miles points or a more fundamental reason?
Does a date show up for a trial or is this an additional case based on other findings against Fitzgerald?
The case against Fitzgerald has been over 12 years in the making.
Lost twice still banging the wall!!!
When and if ever a cash settlement is achieved in or out of court I believe there have been a few side deals where people would need to paid back for either work performed or cash advances used to advance the case.
Someone may wish to ask this question at the meeting.
Full and partial disclosure in these TMX.V companies is somewhat historically questionable.
As far as the request to build financing with a much larger stock base one has to speculate this may be part of the plan to arouse interest prior to any real news being laid out.
Nevada case old news, is Barrick involved down the road all depends on case outcome and what findings show.
Movie at 11:00
I take it you are intending on being at meeting.
It would be nice to have one or several board followers at this meeting to sense the flavor and test the reality of the speculations.
They have reduced the board back to 4 positions from 7.
This suggests to me that there likely will not be any anouncement regarding Pascus Lama at this stage.
The fraud case in Nevada as well as Juneau will be front and center for this meeting. There may be some priliminary info as to what direction Pascua Lama is heading in but in general terms.
One has to wonder what when and if......... what will Barrick do as well as Silver Wheaton?????????????
Class action law suits for all, Legals must be salivating over the possibilities.
My opinion only.
WHY????????????
weve all been holding for so long what does it matter now.
there may be some payback coming good luck getting some or a lot until the fat lady sings,
I believe she is warming up in the back room,I can feel the vibrations.
Lets say there were grounds concerning a certain company ... what would they be based on ... Money laundering ? filling defunct empty mine shafts in Utah with illicit gold bars ? I beleive called Dore bars where royalties were not paid on the values ??
Manipulation of the gold price?? through the markets??
Fraudulant land transactions where certain state officials were "influenced" to make biased judgments on land ownership....awarded to this company.
or all of the above
Does anyone have an idea of BK exit date and why no news on anything regarding date?
I believe the original deal prior to Tronox going BK proceedings was Mountain West, Tronox and Mountain West's lawyers were to split the proceeds equaly. MWR were responsible for paying legals but MWR had all the knowledge of the case details. This case had failed in BC courts in early 2003 I believe.
This is how the lawyers were to be paid based on their credence in the outcome of the fraud dating back to the late 60's.
What happened to COX????
Did the EPA come a calling did Cox get paid off to disapear?? all will come out in the wash given time.
Why did Tronox drop it. Will there be ramifications down the road or are they holding some rights to this at arms lenght to allow them to come out of BK without any encumberance as it relates to this case??????
Well now who knows how or what the arangement is???
My belief is this new team may have been/is involved with Nevada cases for someone else involved on the perimeter of this one and as such has info relative to Barrick dealings in the area.
Morningstar wins the case mid 2011 takes the cash and mines out Mina Pascua as well as digging out the oceans in Juneau............opens a scrap metal business and antiques shop from findings all things given it has been intersting to say the least in following this one.
Shareholders will/could see serious valuations rise but will take time to get traction as well as credibility.
Movie at 11:00
Hey Eclipse70 what happened to this sentiment. has your enthusiasm for the fraudsters vanished??
Thanks for the info re the filings.
If a company was looking for the rights to issue an unlimited number of shares one would have to think they are looking at some sizeable news and or they have ilusions of grandeur.
What with the supposed developments in Chile this may be it.......
Keep your powder dry.
Have you any idea what the meeting news may be?
Developments regarding the Chilean Affair ?
Going on their own on the Fitzgerald fraud case?
Projected earnings on the Juneau rock pile?
If I could trouble you to post the news release I would appreciate it. I went to sedars filings but could not find it.
thanks.
What meeting are you refering to ?
Was a meeting called lately for the date you mentioned. of Jan 4th?
Do any of you older posters(if you are still around) have a channel of communication to Tronox or the EC committee to ask if Tronox has in fact relinquished their rights in the Fitzgerald litigation to the company Mountain West Resources?
Mountain West still absorbing all legal costs in this pursuit.
Tronox is plaintiff but could have transfered rights to MWR?
Why?
If this new lawyer is accepted by the courts when would trial date be set?
What does this new lawyer know about this case that Cox refused to go forward with?
My belief "conjecture" is she had has been involved with other litigation involving Barrick in this area of Nevada representing other parties???? May have supporting knowledge assissting in this case................
Movie at 11:00
It is becoming hard to follow.
The case is Tronox Worldwide vs Fitzgerald, hard to comprehend how a third party can take over a case when they were not included in first place.
This new lawyer must know her stuff but what is the real story Judge Polaha must be loving this one........
MWR may have brought info in since Fitzgerald was past president of MWR but how does MWR fit into this on their own.
What would stakeholders of Tronox do if this case ever came to fruition, who would we sue...........the dead Fitzgerald!
I believe we should be seeing some news release from MWR on this latest development concerning the Fitzgerald litigation.
If Fitzgerald were still alive this relentless pursuit would surely have ended his days.
They say all things must come to pass but as we follow this case one has to wonder if any outcome is at all possible.
Many underlying stories here if one wanted to do the DD.
What I am unclear on is what is Tronox's position in all this.
Are they still part of it or have they relinquished their rights?
This needs to be cleared up............soon..............!!!!!
Well well case vs estate of one Michael J Fitzgerald back up and running. This thing has more lives than I care to reflect upon.
Does anyone have any idea as to what the H.... is going on.
Did Cox get the ax, was he compromised by dirty money or whatever?
I think Cox...Renner were not towing the line for some reason sure would like to know why.....
Looks like a trial date will be reset.
Who is this new lawyer and where does she come from?
Why does Leslie Hart believe in this case where Cox quit believing or was paid off to stop believing?
How will this affect futur valuation of Tronox. Remember Judge Gropper allowed a date in March 2011 to recoup any and all claims. Will that date change?
Would be nice to have a dollar figure sort of understood to give merrit to this.
MWR is involved looks like, did Tronox give up their rights to this case to MWR in order to come out of BK without this case still active as it relates to any monitory value and what if anything did our EC do as far as protecting or keeping whole shareholders as far as any value in these proceedings?
All unanswered questions anyone have any insight please feel free to add to the confusion.
This company will continue to dilute stock valuation with an internal stock plan which will be negative to the overall stock valuation.
Cash flows will not permit any form of growth or development without a major change in the futur outlook for MWR.
This may come from the Mina Pasua deal but will the market put any faith in this very minor player and the likelyhood of bringing any site to actual production.
They will likely need to team up with a more credible source to gain any true value and this at the expense of
share dilution.
When internal players(management)allow themselves to be awarded millions of shares at rock bottom prices this sentiment is only amplified.
I believe if you have have no skin in the game you have no reason to be posting on a chat net regarding this stock.
I for one believe if you got out of this one recently or in past couple weeks you have little faith in a long play with very positive forward valuation.
Warants will give holders the opportunity to purchase shares at a fixed price based on valuation criteria being determined.
It is my belief that the ec would not have agreed on a position which would be a compromise on present and futur value.
Faith and DD have been rewarded once in a while.I am sticking with a long position based on current market strength of the
product and futur value of Tronox. I have suffered to long and had to many ups and downs on this one to regret retro views on loss gains. The ship will make it to port before
we sink and
all is lost...........................................
We need to find out what happened between Tronox,Cox Legoy et al (legal firm for Tronox) and Mountain West Resources.
I can not for the life of me undersatnd why MWR would continue to pursue the case against Fitzgerald's Estate if Tronox found no satisfaction likely in the case.
What's the deal with Cox some say he compromised his firm:
With who.... why.... how much cash traded hands to make this happen?
Who paid?
Does this case have any merrit at All.........?????
anyone......Bueller... Bueller.. Bueller AHHHHHHH
We need to find out what happened between Tronox,Cox Legoy et al (legal firm for Tronox) and Mountain West Resources.
I can not for the life of me undersatnd why MWR would continue to pursue the case against Fitzgerald's Estate if Tronox found no satisfaction likely in the case.
What's the deal with Cox some say he compromised his firm:
With who.... why.... how much cash traded hands to make this happen?
Who paid?
Does this case have any merrit at All.........?????
anyone......Bueller... Bueller.. Bueller AHHHHHHH
translation is avaialable if you go through google translate spanish to english although translation is not exact .I pulled ruling from Spanish court doc and this is what I got....
Spanish to English translation
The Supreme Court issued the final verdict on the case involving a Nevada Mining Company, a subsidiary of Barrick Gold in Chile, and mining engineer Rodolfo García Villas because both are involved in a dispute over ownership of 8 000 600 acres surrounding the controversial mining project located in the Huasco Valley. The verdict delivered on 28 November returned to square the process begun in the 14th Civil Court of Santiago, where Judge Maria Isabel Reyes judge ruled in favor of particular laughable considering the transfer of all hectares for the small gold project value of 10 thousand dollars. Given this, Minera Nevada appealed to the Court of Appeals, accusing Mary Queen of not having the powers to rule on hearing that there was judge and First Officer of the court, Ulises Eagle Bar, for hindering the process. These developments were welcomed by the Court of Appeal, who dismissed on appeal the judge's powers and ruled that "the judge had failed Reyes lack of competition." For this reason, then came at the behest of the Supreme Court, who contested the ruling of the Court of Appeals, eliminating the phrase "lacking", as the Supreme restored the rights of the judge in sentencing in the case Role 1912 - 01. However, as contemplated disciplinary action against Mary Reyes, which is written censure. Meanwhile, in the case of Ulysses Eagle full Supreme Court applied strict sanctions because it considered that hindered the first instance trial by failing to carry out two red tape, fees that were "accredited convincingly, is not sufficient allegations or defenses put forward by (Eagle) to distort the facts and have a body or serious enough to warrant the application of disciplinary action ... (leaving) the dismissal declared void by the Court of Appeals of Santiago, "the ruling said. Thus, Ulises Barra was sentenced to suspension from duty for one month leave with half pay. In addition, the high court ordered the records be sent to the Public Ministry, as in the course of the investigation made a complaint against Eagle so that their punishment can be much stronger. All this means that the trial that pits the transnational Villar back to square one, so you will have to start at the 14 Civil Court of Santiago. Finally, accessed the communications officer of Barrick in Atacama, Patricio Pinto, he said the company's policy not to address the issue, but said that the land does not affect the development of Pascua Lama because they are only surrounding the mine
I don't know why it would be going up other than positive speculation on the Chile SAGA.
What is it we say buy on speculation sell on news!!!!!!
I wonder what credibility this company will have in the market if and when they have any real positive news to put forward.
Will the upper end of the marketplayers buy into this story rather doubtful........
I also wunder what the Fitzgerald deal is now that Tronox is exiting BK is there anything left in this one it has only been 12 years what is the rush right!!!
Oh and by the way we need more posters here doing DD and general adds.......