Dec 11 2009
Pinetree and Copper Mesa Mining Corporation’s Latest Bullish Report
If the quote: -You can never underestimate the intelligence of the American Public- is true, then it is even more true to hold that You can never overestimate the idiocy of the Canadian investment firms.
Yeah, I’m thinking of Pinetree’s latest latest brilliant move to take over Copper Mesa.
Who are these guys anyway, and why would they want to throw away more money into the bottomless pit that is Copper Mesa? (Pinetree had invested several millions from squeaky-clean Canadians in the past in this shipwreck)
Continue reading 'PINETREE and Copper Mesa Mining Corporation’s Latest Bullish Report'»
COPPER MESA SELLING ITS FLOTSAM
Apparently Nortec Ventures decided not to buy Copper Mesa’s Ecuadorian flotsam. But the company’s debris is still for sale.
Just what is up for grabs?
In spite of what Copper Mesa claims in page one of the latest Management’s Discussion and Analysis for the three months ending March 31, 2009, the company no longer has concessions in the Intag area. It lost its most “valuable” concessions- including the Junín mining concession, and Chaucha. The Junin concessions Copper Mesa permanently lost in November 2008 and January 2009. These concessions are in the hands of the government and, according to the new mining law, can only be exploited by a national mining company.
Continue reading 'COPPER MESA SELLING ITS FLOTSAM'»
Another Bad Deal in the Works
In the midst of Copper Mesa and Nortec Venture’s deal, and not mentioned in the company’s latest creative reports, is the implication of the Ecuadorian government’s intention of taking over as many old mining concessions- including Copper Mesa’s ex JUNIN concessions, which the company lost in November of 2008
Continue reading 'Article 24 and Copper Mesa’s -Nortec doomed venture'»
Thursday, 23 April 2009
Canada’s Nortec Ventures Corp., a mining company based in Vancouver, announced this month its intention of buying Copper Mesa Mining Corporation’s Ecuadorian assets.
Three Intag residents recently filed a lawsuit against Copper Mesa (formerly Ascendant Copper), as well as the Toronto Stock Exchange, for their alleged responsibility of ongoing violence directed at local farmers and community leaders who oppose mining in the region.
Continue reading 'Nineteen Reasons Why Nortec Ventures Should Stay Out of the Intag Region of Ecuador'»
ECUADOR: Mining ban lift, but not for Copper Mesa
Español a continuación
According to Reuters’s November 10th article, Correa’s government is trying to revive the mining sector in the South of the country (with very little luck by the way), but the government is explicit that the nation’s mining plans do not include the Intag area, where Copper Mesa use to have the Junin concessions (the government permanently took the company’s concessions in November of 2008).
Continue reading 'Mining ban lift? Maybe, but not for Copper Mesa'»
Activist presented lawsuit against the TSX which includes Ascendant Copper on March 4
espaniol a continuacion..
http://upsidedownworld.org/main/content/view/1742/68/
Lawsuit: Canadian Mining Firm Financed Violence in Ecuador
Written by Jennifer Moore
Tuesday, 03 March 2009
Source: The Tyee
TMX Group denies claim. Win could affect thousands of other projects by Canadian companies.
“Financing being raised in Canada is travelling across borders to do harm,” said lawyer Murray Klippenstein by phone from his office in Toronto. “We want to find out if our legal system can respond to this.”
Continue reading 'COPPER MESA SUED IN CANADA'»
News from Intag 21 Februrary
99 days since Copper Mesa lost their concessions in Intag, AND,—-
Community Leaders in Canada to Sue the Toronto Stock Exchange and a Canadian Mining Company
Marcia Ramirez and Carlos Zorrilla, community activists from the Intag area of Ecuador, will be visiting Canada from the 25th of February until the 7th of March as part of a tour to announce lawsuits against a Canadian mining company and the Toronto Stock Exchange.
Continue reading 'Intag Activists to Sue Canadian Stock Exchange and Canadian company'»
TEN QUESTIONS YOU SHOULD ASK ABOUT COPPER MESA MINING CORPORATION
1. Q. Does the company have legal title to its much-touted JUNIN mining concessions in Ecuador?
A. NO. On November 12th, the government annulled the titles to the company’s Junin mining concessions as part of the government’s plans to recuperate thousands of mining concessions.. The company also lost titles to other
Continue reading 'TEN QUESTIONS YOU SHOULD ASK ABOUT COPPER MESA MINING CORPORATION'»
Espaniol abajo
More Bad News for Copper Mesa: Company loses all of its Intag mining concessions.
- The Mining Mandate also abolished hundreds of other concessions affecting many Canadian mining companies in Ecuader.
Close to 2,300 mining concessions affecting a total of 3.3 million hectares have been extinguished in Ecuador since the Mining Mandate went into effect more than six months ago (see original government news release below). This includes all of Copper Mesa Mining Corporation’s concessions in Intag, according to information published by the Ministry of Mines and Energy.
Continue reading 'More Bad News for Copper Mesa: Company loses all of its Intag mining concessions.'»
The government announced this week that Copper Mesa Mining Corporation had reverted back to the state the concessions Golden 1 and Golden 2 (http://www.eltelegrafo.com.ec/actualidad/noticia/archive/actualidad/2008/11/19/Gobierno-extingue-concesiones-mineras-de-_CD00_ntag.aspx and h
ttp://www.presidencia.gov.ec/noticias.asp?noid=16549
This is not a “purported” extinction of the comopany’s mining rights; the legal measure is definitive. The government did not “make observations” to the company’s 2006 Environmental Impact Assesement, it flatly rejected it, and termed it “not-prossesable”. Had it been a case of responding to the observations, it would have done so long ago and re submitted it.
It is all over for Copper Mesa in Intag folks- definintely NOT purported.
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