tag:blogger.com,1999:blog-1400574.post696032187349350739..comments2024-03-14T23:06:04.731-07:00Comments on Paying attention: Cover-up fears as taxpayers pay $30 million to mining companyUnknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1400574.post-73129662542243901842011-10-27T08:49:17.405-07:002011-10-27T08:49:17.405-07:00Les Leyne's column in the Times Colonist state...<a href="http://www.timescolonist.com/Uranium+caper+leaves+many+questions/5608149/story.html" rel="nofollow">Les Leyne's</a> column in the Times Colonist states: <i>"It's still not clear how much an overpayment of $30 million represents. Coleman said Boss originally asked for $60 million, and the government booked $<b>50</b> millio as a potential settlement cost."</i><br /><br />Does that mean that International Montoro Resources is going to get $20 million?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1400574.post-23504188641697123112011-10-25T23:38:59.137-07:002011-10-25T23:38:59.137-07:00Energy Minister Rich Coleman defended the settleme...Energy Minister Rich Coleman defended the settlement Tuesday, saying the province always intended to pay compensation for stripping the company of its rights. But he said the province erred by rushing a policy announcement without providing the legal framework for the change.<br /><br />“If government made one mistake, it would have been that we didn’t have the [cabinet order] ready when we made the announcement on uranium, which put some of our staff in an untenable position,” Coleman told reporters.<br /><br />...<br /><br />It wasn’t until almost a year after the government’s policy announcement that cabinet passed regulations to give its bureaucrats the legal footing to deny the application.<br /><br />“It put our staff in an uncomfortable position because they had some statutory obligations, but they also knew we were moving on changing the rules,” Mr. Coleman told reporters Tuesday. “And for that, I’m sorry.”<br /><br /><a href="http://www.theglobeandmail.com/news/national/british-columbia/bc-politics/ndp-blasts-liberals-ham-fisted-handling-of-uranium-mining-ban/article2213725/" rel="nofollow">Justine Hunter</a>, The Globe and MailAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1400574.post-12484634592539864482011-10-25T13:15:42.837-07:002011-10-25T13:15:42.837-07:00This is how Howe Street likes to mine, on paper an...This is how Howe Street likes to mine, on paper and in court - it is so much easier than getting all dirty and such.<br /><br />From the figures I've seen they invested maybe 7 mil (questionable) into an ore body projected to net them perhaps 50 mil over the life of the mine. So to realize 2/3 of the profit for NO WORK to speak of is good work if you kiss enough liberal butt to get it. <br /><br />You can't even say but they had to pay to go to court, because our wonderful INjustice system included their court costs ON TOP of the settlement. Ambulance chasers seem like honourable heroic knights compared to these sleaze bags and their enablers in Victoria!kootcoothttps://www.blogger.com/profile/11344208424209840730noreply@blogger.comtag:blogger.com,1999:blog-1400574.post-71503566185619049962011-10-25T12:14:07.557-07:002011-10-25T12:14:07.557-07:00@ Grant G: YES !
It would be nice to see someone ...@ Grant G: <b>YES !</b><br /><br />It would be nice to see someone like The Vancouver Sun's David Baines have a look at Boss Power (~800,000 shares granted to insiders in July at $0.13 each - now worth more than double), Virginia Energy Resources (owns 37% of Boss), other related entities, events and people.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1400574.post-24677727608802024512011-10-25T11:42:11.770-07:002011-10-25T11:42:11.770-07:00Covering Krueger's backside cost $30 million, ...<b>Covering Krueger's backside cost $30 million, says NDP mining critic</b><br /><a href="http://thetyee.ca/Blogs/TheHook/BC-Politics/2011/10/24/BacksideMining/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+thehookblog+%28The+Hook%29" rel="nofollow"> Andrew MacLeod</a>, The Tyee<br /><br />The British Columbia Liberal government spent $30 million to cover former mining minister of state Kevin Krueger's backside, New Democratic Party energy and mines critic John Horgan charged today.<br /><br />...<br /><br />"By deliberately not abiding by the law, that allowed the judge in the first go round to look at punitive damages rather than just sunk costs," Horgan said.<br /><br />Normally the government would only have to pay compensation for the company's costs, but in this case admitted in court there'd been malfeasance on the decision, Horgan said. "$30 million probably looked pretty good for a company that was really mining for compensation, not mining for uranium."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1400574.post-28759526440281900202011-10-25T10:41:27.898-07:002011-10-25T10:41:27.898-07:00Who are the people behind Boss Power?
Is there a ...Who are the people behind Boss Power?<br /><br />Is there a chance that this law-suit was pre-ordained?<br /><br /><br />Gordon Campbell theoretically, would still be premier today if the HST fraud wasn`t foisted upon us..<br /><br />A settlement could have been brokered for $4 million dollars, it wasn`t...<br /><br />The BC Liberals at that time in history had BC Rail brewing, deficits, they also had Suzuki and Berman pimping the BC Liberal cause...<br /><br />With all the BC Liberal scandals, I find it hard to believe that the BC Liberals were so worried about the mineral claim that they broke the law?<br /><br />I believe this was done on purpose, the illegal denial of the claim followed by a huge settlement, who needs an active mine to make money...<br /><br />Who are the players at Boss Power, how much did they donate to Gordon Campbell, how many went to school with Gordon and Michael Campbell.<br /><br />This law suit was not bad Government policy, this law suit was...<br /><br /><br />Arranged!Grant Ghttp://powellriverpersuader.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-1400574.post-53236657140148627942011-10-25T09:05:01.808-07:002011-10-25T09:05:01.808-07:00PW: You mention various documents related to the B...PW: You mention various documents related to the Boss Power court case - are these available online anywhere?<br /><br />Any news on how <a href="http://www.montororesources.com/news/11oct21.html" rel="nofollow">International Montoro Resources</a> is doing in their dealings with the BC Liberals on this same issue?Anonymousnoreply@blogger.com