Stans Energy Corp V.HRE.H

Alternate Symbol(s): HREEF

Metals & Mining Industrial Metals & Minerals

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company focuses on potential target properties in Canada and the United States. The Company's subsidiaries include Kutisay Mining LLC, Kashka REE Plant Ltd., and SevAmRus CJSC. The Company has not generated any revenue.

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Stans Energy Corp > my cynical view of the funding relationship

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Comment by joeveston Jun 21, 2019 8:58pm

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RE:RE:RE:RE:RE:RE:RE:RE:my cynical view of the funding relationship

Borsuk that's interesting, I'd never heard of the seizing of "airspace" payments. Stans is of course unable to seize the Republic's shares in Centerra Gold, as the Ontario Court of Justice ruled on July 12, 2016 that these shares are the property of Kyrgyzaltyn JSC and not the Kyrgyz government.

In addition to the Centerra shares, Kyrgyzaltyn owns all of the Republic's gold mining interests. These assets are likely off-limits for Stans, in any jurisdiction, in the wake of the Ontario Court's decision.

Do you think that the Kyrgs have a shot at successfully misrepresenting their ownership of, say, "airspace" payments made to the state? I don't know how these payments are registered in Kyrgyz, but given the Kyrgs' success vis-a-vis the Centerra shares, I wonder if they can convince another national court that a given asset does not belong to them.

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