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To: emrs1 who wrote (91721)12/17/2011 9:32:19 AM
From: hank2010  Read Replies (2) | Respond to of 233880
 
Coeur has an operating mine and all of a sudden a portion of it belongs to someone else. They have to vacate that portion. But, there are some serious mine safety issues that have to be resolved. If Coeur wants to blast in their portion, Rye Patch guys are exposed. Same with slope stability issues. Resolution will have to be a buy-out or a joint venture IMO. However, if I am Coeur, my attitude is "screw you, you @#$#! You just stole our mine on a technicality and there is no flippin way I am going to do business with you!



To: emrs1 who wrote (91721)12/18/2011 4:41:36 PM
From: pocotrader  Read Replies (1) | Respond to of 233880
 
The Federal law seems pretty clear, it must be tough for the judge though, I'm sure he doesn't want to make a mistake, if I understand correctly and a working mine is involved along with the claims how do you sort that out. best scenario there's make some kind of a JV deal made or RPM gets a outright cash settlement.