All,
The burial mounds have arisen! Mysteriously, just before the expected 43-101 is to be released.
Below is one of my previous posts, where I tried to deal with the matter of burial grounds in respect of the Kennecott lease, and to explain the previous Crandon mine rejection that has been held up here as an implicit reason why Aquila will fail. The Kennecott lease is vital to Aquila - in my opinion - as it signals that Aquila may one day be able to get a mining lease of its own. Finally, I have added a URL so that you can see for yourself what lands are off-limits in Menominee County interms of exploration and development - it is normal to declare such things as cemeteries and urban areas to be off-limits to development.
There is much discussion here now about "mounds", but no attempt to relate those mounds to the area where Aquila has it's find, or to explain how this could possibly interfere with development. That is kind of the entire point...either they interfere or they don't. If they don't, they don't matter. Perhaps those who are again "raising the mounds" can kindly explain how this intereferes with anything Aquila is doing now.
A word of advice - this is an unregulated board. I strongly suggest anyone visiting this board to read back at least a year to get a flavour for the "discussion" that has gone on here. When I read these boards I try to use common sense - people who are genuine are backed by real news that is clearly linked to the prospects of the stock that they are chatting about. Then there are the others. I always ask a simple question - why woudl someone be on one of these boards spreading bad news? If they don't own stock, and have no interest in purchasing - as evidenced by their own posts - why would they care?
I own 6,500 shares of AQA, and have met the major actors in this company personally. I do not work for the company, nor am I acting for it in any way, shape or form. This is something called "transparency" to allow you to form an informed opinion about my veracity as you review my post.
Cheers,
Issimo2
Thanks, this e-mail sparked a round of research on my part. I share your concern for the price of the shares of AQA. More on that in the next post.
I note that nowhere in your e-mail do you say that Aquila's property is actually at risk. You note that Shakey Lake and Savannah is right next door. I'm not certain why this is a threat - Aquila's property has to be next door to something. Do you have any knowledge whatsoever of a direct threat to Aquila's claim? (Note: This question was NEVER answered...it is presumably the entire point.)
The approved mineral lease for Kennecott is in Marquette County, which is immediately to the North of Menominee County. I have read the Surface Use Lease. Nowhere is there any mention of parks and Native burial grounds. There is a prohibition against damaging archeological sites. There is also an obligation to develop recreational facilities, and to restore snowmobile trails to their original condition. Of course, the lease requires that the area be restored following use - completely normal.
It seems to me that any major environmental and other related Native issues that may have arisen with regards to the Kennecott mine would have been addressed in their lease. None of the types of issues that you have raised are apparent. Can it be that the only impediments to mining in this part of Michigan are located where AQA has its find, and that Menominee County is entirely different from the county immediately to its North? Here is the Kennecott Surface Use Lease for your review.
https://www.michigan.gov/documents/dnr/SurfaceUseLease_186443_7.pdf
I've taken a look for "Crandon". The only one I can locate is in Wisconsin, not Michigan, and it is clear that this is where the issue with Native Americans actually arose. Aquila does refer to Crandon in their press releases, as part of their explanation of the Penokean Volcanic Belt that extends West to East from Wisconsin to Michigan, with Aquila's property on the easten portion.
Here is what Wiki says about the Crandon Mine Dispute...
"From the 1980s to 2003, Crandon was the center of an environmental debate to construct a mining operation in a metallic minerals deposit discovered by the Exxon Coal and Minerals Company. The heated discussion led to a Wisconsin Legislature mining moratorium act in 1998. Eventually, the proposed company and mine site lands were purchased by the opposed Mole Lake Sakaogon Chippewa and Forest County Potawatomi tribes, whose reservations sat near the site. The project was withdrawn in October 2003."
You have noted in your post that there are "many tribes represented by a cohesive group." As well, you have noted that, "This WILL BE AN ISSUE!" Maybe in Wisconsin, but I remain to be convinced that this is an issue in Michigan. Of note, Crandon is about 7% Native American. The town noted in your post - Stephenson, Michigan - is about 0.11% Native American, which, with a total population of 875 equates to one Native person. If there is a specific Native group that aims at interfering with Aquila's find, please tell us specifically who these people are. Do these councils have names? (Note: There was never a satisfactory response to this request for more information.)
You ask why "Sixty Island" wasn't allowed to be explored. I invite you to look at the "Mineral Lease Information and DNR Ownership" map for Menominee County attached here...
https://www.dnr.state.mi.us/spatialdatalibrary/pdf_maps/mineral_lease_information/menominee_lease_information.pdf
What you will see is that Michigan rates land according to whether it may be developed/leased or not - this is completely normal. There are many areas that are off-limits in Menominee County. I have no idea why, but the obvious reasons would be the location of towns and urban areas, and wildlife/nature preserves. I should add that if Sixty Island was never slated for exploration then Aquila could not possible have a claim over that area anyway - the state will not interfere with a claim it would never have allowed in the first place. Again, how this constitutes a threat to Aquila is not clear.
Thanks,
Issimo2