From our CNSX Monthly Report:
“The TESOROS 1-30 to TESOROS DOCE 1-5 are also listed as owned by Barrick Gold Corporation in its 6K form filing with the Securities Exchange Commission in 2011. These claims have been under judicial injunction since June 5, 2001 (C-1912-2001) by the 14th Civil Court of Santiago, Chile. This injunction (2001-2011) is currently preventing its registered owner, Hector Unda Llanos from using or including these concessions in any contract. In 2011, Lopehandia is registered as the legal holder of these concessions.
No significant progress has been made in respect of the registration by end of March 2012.”
Just a few thoughts ...
a. Why has the SEC not de-listed ABX as owners of Tesoros ...can we not get up to date information from our Company or is it just a "copy and paste" from month to month ...We are well into 2012 and yet nothing is being stated except 2011 information. Is it that SEC still believes Barrick has ownership and Llanos or Lopehandia do not !!
b. Why is Hector Unda Llanos still being mentioned in our reports ...is Lopehandia not stating on this board that "he" is the sole registered owner by title of the Tesoros and not just legal holder of these concessions !! Has he not shown the shareholders copies of “Titles” to this effect at the AGM in January !!
c. Again has Lopehandia not stated to this board that the company has made significant strides ahead ...yet our company continues to post on CNSX that "No significant progress has been made in respect of the registration by the 5th of March 2012." Why would our Company not state instead that "We are progressing to the goal of Joint Ownership with Mr. JR Lopehandia" not that "NO" significant progress is being made ...that in my opinion is not good news if one takes the information word for word. This makes the reader think that “nothing significant” is being done towards what we are all waiting for...50% ownership of Mina Pascua. This kind of positive information is vital to those invested and to those who are considering investing in Mountainstar Gold Inc. in the near future !!
d. What I am unfortunately left to believe by reading this Monthly release is that there are Three parties still with ownership problems ...the way this is written on CNSX, it states that Barrick Gold Inc. still owns Pascau as per SEC ...Hector is still as registered owner but with no rights and Jorge is at the bottom of the takers list as a "legal holder" and we, the shareholders are left not knowing where we stand as of the 5th day of March 2012 with this Company ...
goldpanner
