How could they NOT KNOW if they received approval? ... further who was that approval granted by, and for what???
After all the truly commendable DD conducted on the activities of RSDS management and this stock in general, I'm afraid it seems that we are left with one inescapable fact ladies and gents....
The individuals steering this ship shouldnt be let loose with a carefully folded paper boat on a small pond, in light winds....
Further to the opinion of the Forest Service that RSDS (Management!) Misunderstood the proper authorizations that were needed to begin operations... I would like to offer you this for those who perhaps werent around or who have forgotten just where we began and what spurred us on toward this campaign for the truth....
The following (please bear in mind that the quite flattering nature of the e-mails was due to the the fact, that at the point in time in question, RSDS seemed very much to be making all the right moves...)... represent a short string of e-mails between Mr. Rick Berman and myself regarding the time line for their PR suggesting a projected date for the start of mining operations and my concerns regarding such.
Mr. Bermans e-mails are in bold for the sake of clarity (with the exception of statements requiring emphasis).
Rick,
as a courtesy to you, I would like to offer you a further summary of the information currently available and in the public domain with respect to the activities of Russell Industries and your projected plan (as per your May 02nd PR) to begin Mining Operations in May.
Although I am keeping one eye on the Public Forum RSDS discussion on IHub, I am now considered (amongst certain board members) to be bashing the stock, as I have not fallen into the ranks who are screaming at the top of their lungs for a PR detailing the completion of the 504 or a definitive date on when trucks full of Uranium Ore will be rolling to White Mesa Mill... In my humble opinion, these are incidental points at present, the 504 will be completed, well, when its complete, you have made your point quite clearly on that. As for the commercial sale of Uranium and Vanadium Ore, the masses seem to be conveniently skipping over the fact that it needs to be proved, accessed and extracted upon full permitting (quite probably an exploratory mining permit rolled into a small mine permit in my opinion...). Either way the discussion board is no longer a forum for reasoned debate related to Russell Industries current and projected activities.
I sincerely hope that you will understand my reason for conducting this due dilligence, as an investor in a Pink Sheet stock, it certainly reinforces my faith in your operations to be able to confirm the details you have promulgated to date.
As mentioned in an earlier communication, the State Division of Oil, Gas and Minerals were kind enough to provide me with the criteria for the application of Mining Permits in the State of Utah. They added that both a State and Federal Permit is required prior to the start of Mining Operations.
On the State side of things, they have confirmed that as of May 14th Russell Industries IS now registered with the Division of Corporations in Utah, a prerequisite for submitting a notice of intention for an Exploratory Mining Permit for Mining Operations within the state, but as of May 21st, No such Notice of Intention has been received by this department, this does indeed cast some doubt in my opinion, on whether Exploratory Mining Operations will indeed begin prior to the end of May, at least from the perspective of State Sanctioned Authority.
On the Federal side, I know that it is the US Forest Service and not the Bureau of Land Management who are the custodians of the land upon which these specific claims PR'd sit, and that the Federal application for a Mining permit has to be submitted to them. Further I now know that US Forest HAS received a notice of intention for an Exploratory Mining Permit, this is very good news indeed congratulations, however there are a couple of caveats to this information.
I am not requesting that you confirm or deny the following, nor that you offer any explantion of what you intend to do, again, this is simply to make you aware that the information is available to the general public. Having said that, I have not heard this from any other sources to date and have not propogated it myself into the public forum, as this is not confirmed and only from one source I have no wish to pre-empt you by revealing it.
US Forest has additionally revealed that the mine you are focused on exploring is partly filled with water, and that any discharge for the purpose of dewatering the mine, will have to be permitted with the Division of Water Quality, further to this, any work involving mechanized equipment, even for the purposes of exploration, has to go out to public comment which could certainly stretch out the permit application process.
To reiterate, this is for your information only, I am not requesting confirmation or explanation, this is simply to advise you what is out there for public consumption. I still firmly believe that your plan to conduct Exploratory Mining Operations, prove these resources and exploit them which ever way you see fit is quite viable, unfortunatley the 5 minute mind investors, have taken the content of your last PR to mean quite literally that commercial quanities or Ore are going to be rolling in May. I believe this to be short sighted... if only Mining Operations could leap into action so quickly... I guess it would save us all, not least of all you, an awful lot of grief.
Good luck Rick, I and a number of other good folks are watching closely and believe very much that you are making headway. Congratulations on the results you have achieved to date, and good luck for the future.
Cheers, J.
Rusind@aol.com wrote:
John,
Obviously I am aware of all of the necessary hurdles that need to faced before we receive permission to drill. Call the U.S. Forestry Service next week to check on our application.
Regards,
Well, I did check, and it will come as no surprise to anybody here now to know that these permits were not approved as infered in the PR.
My own personal opinion, which I have offered before, is that had Mr. Berman bothered to spend less time following the every post of IHub Posters, left Texas and traveled to Utah in order to oversee the permit approval process (not such a tall request for a man in receipt of such a handsome remuneration package), and even educated himself somewhat as to the requirements necesssary for permit approval, this problem could have been avoided... as it was, he left all this legwork to his 'registered agent in Utah', a man who previously owned, and sold the Rage claims to RSDS, and yet had to be told by the Federal Bureau of Land Management that permission to conduct exploration there was required from US Forest.... Knowledge.... Experience... Responsible Management....
....Really?
Cheers J.
AI
