InvestorsHub Logo
Followers 5
Posts 3312
Boards Moderated 0
Alias Born 02/21/2010

Re: BWA post# 11353

Friday, 11/02/2012 4:58:43 PM

Friday, November 02, 2012 4:58:43 PM

Post# of 30013
Although your sentiment is appreciated one must consider that Barrick has in fact claim titles to the Argentinian side of the Pascua Lama Protocol properties as well as other properties somewhat adjacent to Tesoros. So in essence one (Barrick) could continue to make these claims as to the project as no formal ruling has yet been made by Chilean courts regarding JL's claims as they pertain to Barrick's own claims of ownership. Within these disputed properties we as shareholders would like to have some validation that actual precious minerals are therein contained in quantities economically mineable.

If Barrick's historical lies were intended as the conduit to gains in this Ponzi Scheme as stated by JL on several occasions herein, what proof do any of us have or can refer to other than those claimed by Barrick in their securities filings.

Remember these filings could be doctored to discredit the property in dispute should Barrick loose any and all claims to these properties.

The one hope we can look forward to is that JL gets a sizeable penalty ruling from positive results in the Chilean courts.
This penalty would reflect all the financial hardships as well as Chile making a strong statement to other would be fraudulent/payoff/bribe ridden miners in their jurisdiction.
Should this be the case perhaps we could look forward to other legal proceedings emanating from positive rulings for JL in Chile.
These will likely make their way to Canada where we could likely play a more active role.

Movie at 11:00
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.