re:no uranium..macrae12..rrs?? Hi macrae12,
OK..What is the problem with RRS? Are you saying that it is all a big conspiracy?
It seems that the issue of whether or not there is Uranium in Peru has become as big of a conspiracy theory as “Who Killed JFK”. You could be lead to believe that Range Resources, The Peruvian Institute for Nuclear Energy (IPEN), IAEA (United Nations), a half dozen Canadian mining companies, NATA Laboratories around the world, the Peruvian government and their representatives, posters, and who knows maybe the MI6, the KGB, the CIA are all working together to conspire to defraud the Australian share market. The perceived Conspiracy is so big that maybe there should be a Parliamentary enquiry.
As an alternative to this maybe we should give credit to Australian investors that they are of legal age and should be able to decide whether or not to invest in RRS or not.
This is not financial advice. Everyone "SHOULD" do their own DD & Research before investing in any company.
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"The Peruvian Institute for Nuclear Energy (IPEN) discovered this prospect within its National Prospecting Plan between 1960 and 1975. Additional exploration was
conducted by IPEN and IAEA (United Nations) between 1982 and 1987. Previous exploration includes drilling, various evaluation studies and a heap-leaching test. Non-JORC standard calculations have been prepared by Somirelco."//
Exploration was conducted with IAEA...So world standards would have been adopted...
//a German geological mission, working with the Peruvian Atomic Commission (GMAPC) during the period 1959 to 1967, who had reported grades of up to 3.9% lead, 8.9% nickel, 67 ozs/tonne silver and 17% uranium in the subject area.//
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Just for those who have not done their research on what is happening behind the scenes on RRS / Peru...
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How would you feel about John Tarrant joining RRS? John Tarrant has over 12 years of international experience in the resource sector and has held numerous senior positions with several mineral exploration companies with two of those having mining operations in Peru.
As I have mentioned / posted before not many people have picked up on what has been going behind the scenes of RRS. I refer you to the 07 Apr 2005 Heads of Agreement - Corachapi Uranium deposit in Peru Announcement.
Take note of YONO NOMINEES PTY LTD. in that announcement.
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The share-holders of YONO NOMINEES PTY LTD. are:
* CADEX PETROLEUM PTY LIMITED - John Patrick Tarrant
* ZADNIK HOLDINGS PTY LTD - John Paul Zadnik
* MAX CAPITAL PTY LTD - Ian MacLiver / Peter Landau / Grange Consulting
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CADEX PETROLEUM PTY LIMITED - Owned by JOHN PATRICK TARRANT
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JOHN PATRICK TARRANT
Balmain Resources Pty Ltd
Balmain Resources is a small Perth company, headed by John Tarrant, with minor interests in uranium as a JV with fellow Perth uranium company, Paladin Resources NL. Balmain also have interests in the Njame and Mutanga uranium deposits, Zambia. Balmain also have minority interests in oil exploration in Africa.
Directors : John Tarrant (Managing Director)
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John Tarrant used to be the CEO to Absolute Resources
a Canadian Exploration Company Listed on the Toronto
Exchange.
http://www.absolutresources.com/news/2004/ABS043004.htm
ABSOLUT APPOINTS NEW PRESIDENT & CEO
April 30, 2004
//Mr. John Tarrant, who had been President & CEO of
Absolut Resources Corp. for 2 years, will remain on the Board of Directors. Mr. Tarrant has over 12 years of international experience in the resource sector and has held numerous senior positions with several mineral exploration companies.[/b]//
//The Company's primary asset is the Picho Machay Gold Project, Peru.//
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John Tarrant was also involved with Chariot Resources
another TSX listed company
http://www.chariotresources.com/
February 13, 2003
BOARD CHANGES
[b\]The Company is pleased to announce that Bob Baxter,
currently Director of Exploration based in Lima, Peru
has been appointed President and CEO, taking over from
John Tarrant. Mr Tarrant will continue as a Director,
based in Perth, Australia. Mr Baxter will continue to
direct exploration activities as well as manage the
day-to-day affairs of the Company from Peru.[/b]
//The Board thanked Mr Tarrant for his invaluable
contribution in seeing the Company progress to an
emerging mineral development Company with a strong
period of growth ahead. This growth will be through
development of the Cello Ccasa, Neuva California and
Azulcocha development projects and through exploration
projects at Yanama and through the technical alliance
with Sierra Peru Pty Ltd.//
RTM
reefton mining nl
