Canadian goldbug stakes his name on McEwen Mining: The Battle of Los Azules: TNR Gold vs McEwen Mining in Copper Showdown with X

In order to have one of the the "largest litigation cases in the history of BC Supreme Court" you need one of the largest Copper deposits in the world, very big ambitions and bunch of emails describing the way of thinking how to get it all and "take out of the game" the junior partner. Now US Gold shareholders will join the litigation lawyers' party after the merger with Minera Andes. We continue to monitor the situation and implications for the newly listed in the US McEwen Mining.
  After the completed take over of Minera Andes by US Gold, McEwen Mining will become the party of litigation. Damage control at the expense of Minera Andes shareholders will give some room now to McEwen Mining - combined company can better withstand the litigation risk of potential lost of up to 2/3 of Los Azules deposit, which high grade core is located on former TNR Gold properties,  according to the published by Minera Andes maps. TNR Gold's offer for the settlement is off the table now and the key to ongoing litigation will be further discoveries and called witnesses in preparation to the trial. Things will be getting very interesting now. One of the questions to discover is why Xstrata has decided not to exercise its own option for 51% of Los Azules with Minera Andes?

 "We must admit, that all this time we were at lost why has Xstrata decided not to exercise its own option with Minera Andes for 51% of all Los Azules in October 2009? Why has the Copper company like Xstrata decided just to walk away from such a deposit like Los Azules, when copper market was turning up with the recovering economy? Does Rob McEwen really think that he outsmarted Xstrata for the free gift here? Now we have some indications that, maybe, TNR Gold litigation team has found the real reasons behind Xstrata's move out of the project."

 
  We have an interesting take from Joel Chury at VantageWire.com on Los Azules litigation. The story is making its way into the mainstream media now, we have been covering it here for years and hope that this year will bring the resolution  to this case, which is simply too big to miss now. http://sufiy.blogspot.com/2012/01/canadian-goldbug-stakes-his-name-on.html#

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