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HeapOfLeach

08/20/12 11:22 AM

#9593 RE: island_looker #9592

Nice Island. Obviously, I'm not an attorney, but to me that reads like one well-written legal in-your-face document. The stew is starting to simmer.
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Still Hopefull

08/20/12 12:18 PM

#9595 RE: island_looker #9592

The Cease and Desist letter is dated August 3rd and here is SLW's response to a poster named all4reel, apparently received on August 15th.

From the SLW Yahoo board:

"I spoke too soon about not getting replies from Investor relations. Just got this email today. A bit late but they responded as follows:

"Hello xxx

Thank you for your email regarding these posts. On December 21, 2011, Barrick issued a press release addressing Mountainstar Gold’s claims relating to certain mining concessions at Pascua-Lama. Here is the link to the press release:
www.barrick.com/News/PressRelease...

Silver Wheaton is in agreement with Barrick’s view on this matter.


We would be happy to address any other concerns you may have, and can be reached toll free at 1-800-380-8687. Alternatively, we can call you directly at a time that best suits you.

Best Regards,
Rory Quinn
Manager, Investor Relations
SILVER | WHEATON
Suite 3150 - 666 Burrard Street
Vancouver, BC V6C 2X8
TF: 800.380.8687
Email: info@silverwheaton.com
Web: www.silverwheaton.com"


Business as usual for ABX and SLW it seems.

What comes next I wonder ?

Does MSX have deep enough pockets to tackle both of these very rich companies ?
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newadventure

08/20/12 2:56 PM

#9601 RE: island_looker #9592

Whoot Whoot!

This is a wonderful strategy that MSX is progessing with. Reading it as identical letters to SLW and ABX that they are being put on notice. Basically, it's a documented and publically disseminated cease and desist demand that given SLW's and ABx's non-compliance would allow for a seeking of damages an easier process when it come down to the T-zero on the Pascua question...that's option #1 (and represents more in our coffers down the road). Option #2 would be for both to comply with the request which would reveal the fraud outright; we know they aren't entertaining this option.


The wording of the following, especially in bold, is what I love:

"SLW's improper inclusion of the Tesoro Concessions and the Amarillo Concessions in its Pascua-Lama Project Technical Report dated September 9, 2009 and, SLW's related publications, are interfering with our client's ability to carry on its business as described in the Option Agreement and accordingly, we hereby demand on behalf of our client that SLW (and its employees and representatives) immediately cease and desist from repeating allegations of this nature."

This Notice sent out by our BODs will come back to haunt both SLW and ABX when we seek punitive damages for the obstruction of our company's business. They cannot fallback and say that they weren't aware, especially as of August 3, 2012.


Beautiful play.



-newadventure