Post by
digingdeep on Apr 29, 2019 4:58pm
Macusani Yellocake's Appeal for Review (full text)
Juan, Have you found any relationship between PLU and Minera Colibri mentioned in the Presidential Resolution N° 0464-2019-INGEMMET/PE, through which INGEMMET resolved to declare the expiration of 32 PLU mining rights?
It seems really weird and unusual that both companies waited for the last day and deadline to secured the most valuable asset of a mining company (the mining properties). That is insane.
Please comment,
Thanks,
Comment by
TheGreatMattsby on Apr 30, 2019 3:14pm
Hi Juan, So the same guy is responsible in both cases and in the first case the mining claims were revoked. Is this correct?
Comment by
TheGreatMattsby on Apr 30, 2019 4:46pm
It seems a tragicomedy that after the first instance this individual was not fired or at least forbidden to handle paying for the claims, and has seemingly made the same mistake with a multi billion dollar deposit - albeit doing a slightly better job which will hopefully result in us retaining the claims. Only in the crazy world of junior mining!
Comment by
johnez on May 02, 2019 9:20am
As a shareholder with significant amount of stocks I am terrified to here this kind of stories, this the management must take care of and never let happen again and its unbelievable that could happen at all..