Silicon Investor (SI) -- The First Internet Community

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 : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Cook who wrote (4225)	1/23/2001 6:42:44 PM
From: Jon Matz	Respond to of 4504

What an ugly picture that story paints! Jon

To: Andrew Cook who wrote (4225)	1/24/2001 12:03:03 AM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 4504

You mean that the location of the orebody with respect to the town is a problem after all? Duh?

To: Andrew Cook who wrote (4225)	1/24/2001 5:32:45 PM
From: Bruce Robbins	Respond to of 4504

Andrew, Thanks for the article. I've been out of MAN for quite awhile, sleeping and waiting. One of these days it may become something. This one shows you that a world class deposit does not mean much if you do not have the right conditions. Unfortunate. It doesn't take much to break something- it's always the forgotten details (e.g. Voisey's Bay). This one had great potential, good management etc. They were only missing one thing <g>. Bruce

To: Andrew Cook who wrote (4225)	2/8/2001 4:05:29 PM
From: Krikor	Respond to of 4504

Andrew, Some news from MAN: Hopefully something good will come out of it. --------------------------------------------------------------------------- Re: News Release - 2001 - Thursday, February 08, 2001 Manhattan Appoints Financial Advisor =========================================================================== Manhattan Minerals Corp. announced today that it has appointed National Bank Financial Inc. as its financial advisor to assist the Company in evaluating potential corporate or property transactions designed to facilitate the development and advancement of the Tambo Grande Project in northern Peru. Manhattan is presently in the process of completing a bankable feasibility study of the TG-1 gold/silver/copper/zinc deposits. Since commencing exploration in 1999, the Company has discovered three large base metal and one precious metal deposit on its exploration lands and has demonstrated that the Tambo Grande area is a world-class base metal district with the potential for more significant discoveries. As part of the advisory agreement, Manhattan has agreed to issue 75,000 common shares to National Bank Financial. For further information please contact: Graham G. Clow President & C.E.O. Cal C. Everett Vice President, Corporate Development Tel: (604) 669-3397 www.manhattan-min.com

To: Andrew Cook who wrote (4225)	2/14/2001 2:32:11 PM
From: Krikor	Read Replies (3) \| Respond to of 4504

Hi Andrew, The response from MAN: canadianbusiness.com --------------------------- Digging in Your article regarding Manhattan's mining project in Peru unfairly emphasizes the opinion of a small group of activists ("City of gold," Feb. 5). In reality, the majority of Tambo Grande residents are supportive of environmentally responsible development. Charles Montgomery's rudimentary understanding of the political process in Peru perpetuates a stereotype of outdated mining practices, and his infatuation with a few random acts of vandalism overlooks the overwhelmingly positive aspects of this project. Mr. Montgomery consistently exaggerates the degree of opposition to this project. Claims that vandalism against Manhattan property caused US$1 million of damage were grossly incorrect and, in fact, refer to isolated acts more than a year ago in which two vehicles were damaged, resulting in an insurance claim of less than $25,000. A few rocks thrown at the departing helicopter of the minister of energy and mines were nowhere close to the stoning the author describes. Concurrent with the political changes in Peru, community activism is increasing. This may initially be a challenge, but in the long run the consensus being built will be for the benefit of all. Mr. Montgomery's naïve assessment of this process is evidenced by how easily he was swayed by a small group of protesters. He suggests this group speaks for the majority, when, in fact, more than 70% of Tambo Grande residents have elected committees to facilitate negotiation of the resettlement. As well, the majority of the democratically elected town council recently reaffirmed its approval of Manhattan's permit to carry out work in the urban area. The prospect of mining development is understandably unnerving to people in an historically agricultural area such as Tambo Grande, but there are many examples throughout the world where mining and agriculture coexist successfully. From the beginning, Manhattan has been committed to a process of open and transparent negotiations with all of the stakeholders of the Tambo Grande project. Our shareholders have given us a mandate to advance the project, but only if residents are treated fairly and with respect. We spent a great deal of time with Mr. Montgomery, discussing the challenges faced by everyone in this complex and continually evolving endeavor. At the very least, we would have expected accuracy and balance rather than a snapshot portrayal backed up by a rehash of local gossip. Graham Clow President and CEO Manhattan Minerals Corp. Vancouver