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Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and Kashka REE Plant Ltd.


TSXV:HRE.H - Post by User

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Post by opencurtainon Oct 25, 2014 7:00am
292 Views
Post# 23060556

Kyrg closed for business

Kyrg closed for business It's good to know its not just Stans that is been harassed by them.

Investors-miners accused the Chamber of Accounts of lying
To the testing authority are going to sue to protect its business reputation.
  10.24.14 17:27
  Marina Skolysheva
Data verification of the Accounts Chamber deny the holding, which includes two mining companies - LLC "Fonta" and LLC "Biykompakt." With the Deputy Director of LLC "Fonta" Gulvaroy Murzabekova "WB" interviewed today, October 24.
 
Recall three days earlier Audit Chamber announced the results of the audit of listed companies. According to these data, the developers of the three fields - "Kuru-Tegerek", "Sulu-Tegerek", "Karasu-Medium" - allegedly hid from the state more than 6.5 tons of gold to 14.3 billion soms. Point inspection and other serious violations by miners, particularly barbaric mining.
 
"We are prepared to rebut evidence of the Accounting Chamber - we have already prepared a solid collection of documents on all counts. However, we reserve the right to make claims on the protection of goodwill as of the Chamber of Accounts, or directly to the inspector Uranus Zhumagulov, verify" - said Gulvara Murzabekova.
 
The representative of the holding company said that audit companies held in August this year under audit of the State Agency for Geology and Mineral Resources.
 
"When the inspector Uranus Zhumagulov came to our office, we asked an official document that will be audited. Then he said that the Chamber has the right to do in this case, without notice, as it is - a general audit of the State Geology Agency, they say, they check the license issued by the department. At that time we did not argue with him, and allowed to become verified. On the results, we learned only this week, after the information appeared in the media. Seeing how badly distorted the facts, we have consulted with lawyers who explained that the formal notification of the audit were to provide to us in any case, "- said the interlocutor, stressing that under the law, the test results for the agency was beginning to direct the project audit.
 
As emphasized in the mining company, the information about the alleged cover-up, "Fontaine" and "Biykompaktom" almost 7,000 kilograms of gold for 14-odd billion soms has nothing to do with reality.
 
Thus, "Fonta" owns two licenses for gold placers "Kuru-Tegerek" and "Sulu-Tegerek." These fields were discovered, studied and put on the state balance in Soviet times - in 1985. According to the state balance of mineral reserves of gold placers "Kuru-Tegerek" contains 645 kg of gold and placer "Sulu-Tegerek" - 480 lbs. Total yield 1 125 kg of gold.
 
"Biykompakt" owns the license for development sites "Kok-Kiya", "Kebekbay" and "Termetash" deposit "Karasu-average." Stocks starboard section "Kok-Kiya" constitute only 25.91 kg (Minutes №631 geology of 14 May 2013).
 
"In this regard, information about companies concealing 6 760.2 kg of gold from placer deposits, where there are a total of 1 thousand. 150.91 kg, is at least puzzling. Information about the placers and the available amount of gold in them are freely available and published more than once in the books of the minerals of the CD. It is unclear what purpose the inspector of the Accounting Chamber was deliberately distorted the available amount of gold in alluvial deposits. It should take into account the fact that the company "Fonta" actively engaged in the development of placers only in the last three years. On the basis of maximum capabilities of the equipment, in order to pan for 6.7 tonnes of gold, even if it were, the company would need at least 30 years old. It also confirms the falsity of the information submitted, "- retorted in an LLC.
 
There clarified that the two companies are working on projects that have passed all the necessary expertise, including in parts of the environmental, safety and protection of mineral resources. Have environmental passports and other documents confirming compliance with the required environmental standards. Moreover, in the period 2012-2014 the activities of both the LLC more than 30 times tested. Including on ekotehbezopasnosti, environment, perform the scope of work, implementation of land laws and so on.
 
"Wherefore instructions to alleged violations are incomprehensible to us and cause the assumption that the Accounting Chamber is trying in any way to denigrate the activities of companies. Sam inspector Accounting Chamber Uranus Zhumagulov spending checking illegal activities of private companies, based on false facts and allegations indicates that Gosgeologiya long should withdraw or revoke licenses of companies. We see this as an attempt to provoke the Agency on appropriate action. Given how quickly spreading negative information, we believe that someone is very interested in her discharge, destabilize the region, stop the activities of companies and deprive us of licenses "- suggested by representatives of developers.
 
There was assured that "Fonta" and "Biykompakt" carry out their activities in strict accordance with the legislation of the Kyrgyz Republic, provide employment to 150 people and produce all tax and social security contributions. In conclusion, the representative of "Fonta" and "Biykompakt" added that are open to any inspection activities by the relevant authorities and competent professionals.
 
URL: https://www.vb.kg/291129
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