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 : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Eva who wrote (29008)	4/7/2004 2:12:51 AM
From: dalroi	Respond to of 39344

So any gestimates for the bid :-) cheers Stefaan

To: Eva who wrote (29008)	4/7/2004 8:14:26 AM
From: orkrious	Read Replies (1) \| Respond to of 39344

his is a bit confusing and I have no time to get into that, but I believe with Puplova on board, this only can be good for Kimber: puplava wants all of the stock he doesn't own, which includes my shares. if it's going to be so valuable in the future, I'd rather keep my shares and have puplava keep his 19.99%.

To: Eva who wrote (29008)	4/7/2004 8:35:27 AM
From: panthornet	Respond to of 39344

"This is a bit confusing and I have no time to get into that, but I believe with Puplova on board, this only can be good for Kimber:" Good for Kimber the company,Kimbers major stock holder or the other share holders{us}? George

To: Eva who wrote (29008)	4/14/2004 8:27:46 AM
From: orkrious	Read Replies (1) \| Respond to of 39344

CAU news billingsgazette.com Martz puts her name on cyanide petition By JENNIFER McKEE Gazette State Bureau HELENA - Gov. Judy Martz on Tuesday was one of the first people to sign a petition in favor of Initiative-147, a proposed law that would repeal Montana's 1998 voter-passed ban on cyanide leach mining. Martz told a small crowd gathered at the formal kickoff of I-147 signature-gathering effort that she usually doesn't sign petitions. "At some point (petitions) are going to come back and bite you in the backside," she said. "But this is one petition that needs to bite people in the backside." Cyanide leach mining was banned in 1998 Montana after voters passed Initiative 137 by a 52 to 48 percent margin. At the time, one of the state's largest gold mining companies - Pegasus Gold - had recently filed for bankruptcy, leaving the state with a multimillion dollar environmental cleanup bill. Cyanide leach mining is a process of extracting gold and silver embedded in large amounts of rock. Cyanide is drizzled over piles of crushed rock, which dissolves the precious metals for later extraction. The I-147 effort cleared its first legal hurdle Tuesday and is headed to the state's attorney general for further legal review. Canyon Resources Corp., of Colorado was trying to open a large cyanide heap leach mine near Lincoln when I-137 passed. Canyon has been fighting the ban since shortly after it passed and is the major benefactor of the I-147 effort. Backers now must gather just over 20,000 signatures from Montana voters to place the item on the November ballot. The signatures must come from at least half of the state's 56 counties. They have until the end of June to gather the signatures. Tammy Johnson, head of Miners, Merchants and Montanans for Jobs and Economic Opportunity, the new political committee formed to support the movement, said Monday that she thinks Montanans are ready to talk about legalizing cyanide leach mining again, especially with stronger environmental protections. She also said she expected the group to raise money outside Canyon Resources now that it is more formal and organized. "People want mining, but they want it done right," she said. Cleanup bonds too low Martz drove that point home, calling the people at the event "environmentalists" and those who seek to maintain the ban "obstructionists." Martz said part of the problems with Montana's older cyanide leach mines, like the defunct mines near Zortman and Landusky, were reclamation bonds that were too low to pay for the necessary cleanup. Martz said the state would have to make sure it requires an adequate reclamation, but she said those who seek to keep cyanide leach mining out of Montana are only pushing the industry to other countries "where they have no environmental standards at all." "If we really care about people, we should care about people all over the world," she said. Asked if Canyon Resources, which has not cleaned up a defunct gold mine near Lewistown and refused to help pay for the environmental study looking into cleanup of the site, is an example of an irresponsible mining company that should not be allowed to mine in the state, Martz said she could not answer, citing the ongoing litigation in which the company is involved. Rep. Scott Mendenhall, R-Whitehall, has two of the state's largest gold mines in his district. He said he felt the state had an obligation to force adequate cleanup and protections of cyanide leach mines, but that "you shouldn't throw the baby out with the bath water." Jim Jensen, executive director of the Montana Environmental Information Center, who is leading an effort to ban cyanide leach mining through a constitutional amendment, said he's not against mining, either. "Certainly, there is a need for mining in Montana, and mining in Montana is blossoming today," he said. Citing expansions at a platinum and palladium mine near Nye, the reopening of a copper mine in Butte and growth at two other gold mines, Jensen said there were more people employed by mining in Montana today than there was when I-137 passed. Jensen also praised many mines in the state for their good safety and environmental records. The problem is with cyanide leach mining, a technology, Jensen said, that has always resulted in failure and environmental damage. "Those, to me, seem like good reasons not to do it," he said. Copyright © The Billings Gazette, a division of Lee Enterprises.