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Re: XQZME post# 127797

Saturday, 04/16/2011 2:21:39 AM

Saturday, April 16, 2011 2:21:39 AM

Post# of 131532
I understand where you are coming from...

As for the mines:

as of 2009

"Combined Metals appealed the BLM's issuance of the cessation order. On September 7, 2006, the United States Department of Interior, Interior Board of Land Appeals denied Combined Metals' appeal, concluding that Combined Metals' use of the Mohave Mine was not reasonably incident to mining operations. In reaching this conclusion the court noted,

[Combined Metals] was not engaged in prospecting, exploration, defining, developing, mining, or beneficiating valuable mineral deposits. Instead, the record shows that, for a period of some [three] years immediately prior to the issuance of the [cessation order], [Combined Metals] was merely 'mothballing' its equipment, while actually dismantling much of its mining infrastructure, thus moving away from the activities comprising 'reasonably incident' occupancy under the regulations".


5 yrs ago.

Now, is todays "Cottonwood" a fallen scab from "Combined" ?

It "seems" that things are going to "start" at the mines in the future. Maybe you could get some clarity on these past legal preceedings and what state/phase the mining operation is currently in? I doubt the Geologist will elaborate too far?

Either way, I am on the side that the investor should not need open an acct with a new brokerage just to continue trading his/her investment due to actions by the company...
Time will tell where this leads.