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Showing posts from January, 2020

Sun Metals Erroneously Posts a Draft News Release on 2019 Stardust Exploration

PUBLIC SERVICE ANNOUNCEMENT NOTE: The below is only for historical purposes, the information is NOT actual disclosure or dissemination. The news release described in this post has been issued by the company this morning: https://sunmetals.ca/news/2020/sun-metals-extends-plunge-length-of-high-grade-copper-gold-massive-sulphide-discovery-to-325-metres-in-421-zone/ * * * I'm not going to go into all the details here and now, this is just for posting the draft PDF news release that Sun Metals erroneously(?) put on its website early on Friday, January 17, 2020. You don't see this type of situation often where the IIROC regulation on fair dissemination of material information  has been so thoroughly violated (by accident or otherwise). The scenario means that a number of investors who went to the Sun Metals website and noticed the news posting were able to buy (doubtful) and sell (for sure) during market hours using the inadequately-disseminated material information discl

Permits and Due Diligence -- Part 2

A few months ago I posted about a situation in Arizona USA where a junior exploration company apparently expected to receive drill permits in short order (a few months). Unfortunately for them and their shareholders, the project is located on unpatented mining claims in the Coronado National Forest managed by the U.S. Forest Service. I have already hinted where people could do research ("real due diligence") on the U.S. Forest Service review process, and I suspect many readers were able to figure out for themselves that the company in question is Barksdale Capital Corp. (TSX-V: BRO , OTCQB: BR KCF ). Now at long last I will follow up on a few of the issues contemplated in my initial post. There is of course much more to this and perhaps I'll find time in the future to post further thoughts. But first a quick comment about Barksdale Capital itself. I actually like both their key projects (Sunnyside and the adjacent San Antonio claim package they picked up recently) in te