case management conference, page-21

CMC is a simple proceeding where the preciding judge and parties discuss whether or not they are ready for pre-trial/trial.

The Judge decides whether or not both sides are well prepared for trial. In saying this, the Judge can make a final judgement on the spot based on anything he sees unfit for trial.

Generally the courts do not like prolonging anything that is a waste of tax payers money. If the Judge even has a suspicion that time is being wasted at the expense of tax-payers, the judge will throw it out.

The CMC today is really important for both sides. It will come down to how well prepared they are, not sufficient facts but rather inexcusable facts. If any of the 2 companies miss a beat today, it's game over.


Grounds for argument

'The Mines and Minerals Act'

A Prospecting License can be issued only if;

a) The potential Investor has reached an agreement with the Landowners to have access and carry out the activities on their land.

b) The license is ONLY GIVEN 3 months AFTER the letter of intent.

Axiom were issued a prospecting license only 3 days after the letter of intent was submitted. This is the basically the crux of the court case.

Happy Waiting!!