JAB International (JABI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : JAB International (JABI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Martin Wormser who wrote (3938)	10/13/1998 6:15:00 PM
From: Mr Metals	Read Replies (1) of 4571

Offices in The Fairway complex on East Main Street in Grass Valley were stripped bare of furniture, and phone calls went unanswered both Monday and Tuesday. The cash-strapped company ceased mining operations in July, laying off 25 workers. On Friday, the Sierra County Tax Collector's office seized the company's bank account and attached all its mining equipment, according to Cherry Simi, assistant treasurer-tax collector for the county. The county seized the assets because the company had not paid unsecured personal property taxes on its claims on federal land, Simi said, adding that Brush Creek owed approximately $95,000 in delinquent taxes, Simi said. SAD, VERY SAD. MM

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next