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Canstar Resources Inc V.ROX

Alternate Symbol(s):  CSRNF

Canstar Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada. The Company’s flagship exploration project is the Golden Baie project in south-central Newfoundland. The Golden Baie project is the Company’s flagship precious metals exploration asset. Its 100%-owned Golden Baie Project (548.75 square kilometers) hosts 93 kilometers (km) of a structure similar to Newfound Gold's QueenswayGold Project. Its Buchans-Mary March projects (65.75 square kilometers), which include a Glencore joint venture, are located within the past, producing VMS zinc-copper-silver rich Buchans Mining Camp and boast high-grade zinc and copper discoveries. The Buchans-Mary March Project is located in central Newfoundland, 20 km northeast of the same geological group that hosts the former producing Buchans Mine. Its wholly owned subsidiary is Altius Minerals Corporation.


TSXV:ROX - Post by User

Bullboard Posts
Comment by jjwilsonon Oct 15, 2010 12:06pm
217 Views
Post# 17569380

RE: RE: RE: RE: RE: Point of Law = Question of Law

RE: RE: RE: RE: RE: Point of Law = Question of Law
Time line:
1) Hearing on the 25th-26th,  I agree.
2) Shortly after company puts out news release thanking investors for their patience, says how well the hearing went and they are encouraged about a final outcome in their favour.  Again, agreed.
3) 3 months go by with no news  I disagree and predict a decision immediately or, at latest, before end of November.
4) A decision is reached by the board  (Not a "board", it's a judge.)
5) Another month goes by and Vinland appeals at the last minute.  I predict "no appeal" based on the written decision of the judge.
6) More months go by with no news.  Immediate news from company regarding a PP to fund drilling program for Spring.
7) Deadllines come and go, people write more letters to the editors and to politicians.  Everyone happy with new and improved share price.  
8) A court date is set  Expedited drill program confirms previous drill results.
9) People get excited that a court date will take place months down the road.  Expanded drill program discovers larger ore body than was previously believed.
10) Process goes through aformentioned steps again, like an endless loop.  Vinland dries up and blows away.  Wikipedia entry for Chislett/Vinland describes bitter end.
11) People complain.  People celebrate.




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