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STAR URANIUM CORP V.SUV



TSXV:SUV - Post by User

Bullboard Posts
Comment by Sm00thon Feb 16, 2007 2:34pm
225 Views
Post# 12252321

mazda

mazdathe holdup in my opinion is probably one of 4 things: 1. Shore and Star have asked the judge to withold his decision as they try to come to a JV agreement on the disputed land 2. THe U.S. govt and Canadian govt has asked the judge to step down as this dispute is really just a charade b/c SUV and Shore gold and cmkx are all part of "operation surround" and also part of a multi nation sting operation on illegal naked shorters 3. the Judge is 72 years old and is too senile to figure out this case 4. i forget what the 4th possible reason could be. dang it. anyway about the dispute here it is. the following is straight from staruranium.com: Also in Saskatchewan, Star Uranium and United Carina (50/50) applied to the government of Saskatchewan for mineral rights to 25 claims totaling 33,196 hectares. The government was in the process of issuing certificates to Pine Channel (Former Operating Name) and United Carina when Shore Gold Inc (SGF.TSX) protested to the Department of Energy and Mines and to the Minister of Mines. Both protest were rejected, and Shore then went to civil court to try to prevent the government from issuing title to Pine Channel and United Carina. The Department of Energy and Mines then stated that they would await the outcome of the civil court case. After many delays, the case will finally be heard by the court in September 2006. The basis of Shore’s protest is that they claim that Rick Walker conspired to deprive them of their right to claim the lands, and used force, violence and committed assault and battery. Up until very recently, mineral rights that had lapsed and reverted to the Crown were re-staked by lining up at the door to Energy and Mines offices – much like a land rush in the old Wild West. The door was opened at 8:30 a.m. on the first business day of each month and it was first come-first served. In this particular case, Walker had hired men to live in a tent in front of the door for three weeks. At 2:30 a.m., three nights before the first business day, a security company hired by Shore had two men show up and stand in front of the tent. By opening morning, a crowd of 20-25 people were jockeying for position under the watchful eye of three Regina policemen, whose presence Mr. Walker had arranged. When the door opened, Walker managed to get in first and had his paperwork time stamped and processed first. Shore was unwilling to accept the out come and made their protests. A video of the event exists and plainly refutes Shore’s charges. The properties in question are scattered throughout the Fort a la Corne area, some more strategic than others, but all have magnetic anomalies on them that could be caused by kimberlites. The largest and at this time, the most important claim involved is a 12 km north-south by 5 km east-west block which is about 8 km of Shore Gold’s Star kimberlite. This property also is contiguous to Forest Gate’s Dizzy kimberlite pipe and about 5 km north-east of the 140/141 pipe owned by DeBeers and Shore Gold. This pipe contains in excess of 500 million tones of kimberlite. Star Uranium has a large portfolio of excellent mineral properties and will probably acquire more. Funding is now in place to aggressively drill test these properties in the coming months.
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