Tuesday, December 31, 2013

Fire River Gold FINALY halted - FAU.v

It only took years of outrageous public fraud and a regulator that CANNOT be moved off that grotesque nail for love nor money, and this horrid, horrid example of what is sickeningly wrong with the Venture is finished.

Absolutely amazing says this monkey, and nothing says it better than the FACT the dopey company admitted in black and white it was witholding critical disclosure and the regulator COULD NOT be bothered to "do" thing one about it.
Blow by blow, insult after insult, this was textbook promotion from a career Venture promoter, who, naturally, bailed when the timing was right and is now off to the next promo for utter dopos.

It boogles this little mind how career chitbags can REMAIN career chitbags for decades with no problem whatever. The only possible way is to have a corrupt regulator and Lord knows the BCSC is just about as corrupt as a pack of intrenched and grossly overpaid idiots can get.
VANCOUVER, Dec. 31, 2013 /CNW/ - The following issues have been halted by IIROC:
Company: Fire River Gold Corp.
TSX-Venture Symbol: FAU
Reason: Failure to Maintain Exchange Requirements
Halt Time (ET): 10:04

Bloody wonderful. This dopeshow has been 100% fully dead broke with no bid for at least 8 months. I suppose a body should be fukkin grateful this PoS wasn't offered at half a cent for the NEXT 5 years.


Wednesday, October 16, 2013

FAU goes no bid - "market conditions"

"Fire River Gold Corp. has been unsuccessful in renegotiating the terms of its senior secured gold stream credit agreement with Waterton Global Value LP and has received demand for payment from the lender.

The lender has also notified the company of its intention to enforce the security granted to the lender pursuant to the credit facility and of its intention to take the company's shares in its wholly owned subsidiary, Mystery Creek Resources Inc., in satisfaction of the company's indebtedness to the lender in accordance with its rights under the B.C. Personal Property Security Act. The result of such realization process by the lender would be the loss of substantially all of the company's assets. The company knows of no reason that the lender's realization process will not complete as proposed.

Prior to the demand for payment, the board of directors of the company engaged in significant efforts to find additional sources of financing for the company. Ultimately, however, the company was unable to find additional financing, primarily due to the current difficult market conditions."

A sickening securities scam from a sickening career venture promoter since day 1, reported several times to the useless as fukkin hell BCSC, and destined to successfully screw the public over without censure of any kind, AGAIN.

For 3 years we have said this ain't fukkin rocket science and it absolutely AIN'T. This disgrace is the perfect example why the venture "enjoys" the reputation it has earned over sooooooo many years. Catering to proven scumbags while the public continually gets scammed.


Saturday, September 28, 2013

Rolling Harry Barr gathers no moss


Proving that old adage that Venture promoters never die ... they simply morph into something bigger and better next time, the probably evil Mr. Barr has yet ANOTHER for sure, 100% winner for public types.
Gordon Chunnett and Harry Barr's Southern Sun Minerals Inc. (SSI) has already filed an information circular about its plan to acquire Rock Star Resources Inc. for its qualifying transaction. The companies signed a letter of intent just two months ago.

Southern Sun will issue 1.74 million shares for Rock Star, which has an option to buy the Galleon gold property in Alaska. After completing the acquisition of Rock Star, Southern Sun will then be responsible for paying the underlying owner of the Galleon property, Anglo Alaska Gold Corp., a total of $165,000 (U.S.) cash and 600,000 shares, due in stages. Southern Sun will also have to spend $400,000 (U.S.) on exploration by the end of 2016.
Before we run for our chequebook we best delve into those devilish BarrTardian details ...

The information circular reveals that of the 1.74 million shares that Southern Sun will issue for Rock Star, 500,000 will go to each of Mr. Barr and Kevin Lawrence, both directors of Southern Sun and Rock Star, and another 500,000 will go to Roy Gould, a former vice-president and partial owner of a B.C. firm called United Capital Securities, which was an introducing broker. Mr. Gould resigned from United Capital in 2005, shortly after a U.S. judge ordered him to pay a $500,000 civil penalty and repay $13.84-million in illegal profits from the sale of unregistered shares of an OTC Bulletin Board listing, Starnet Communications International Inc., a company that in 1999 switched its promotion from operating several porn sites to Internet gambling. Mr. Gould was a consultant to Starnet. The stock traded up to $26 (U.S.) in July, 1999, giving the company a market valuation of $1-billion, but later that year it declined after the Vancouver police raided the company's headquarters and the homes of six directors in search of evidence of illegal gaming and pornography. In 2005, after Mr. Gould demonstrated his inability to pay the U.S. judge's fine, the judge waived the civil penalty and reduced the disgorgement to $1-million, or about half of Mr. Gould's net worth at the time. Unsurprisingly, Mr. Gould will not be a director or officer of Southern Sun.

Money in the fukkin bank THIS time? Pfffffft.


Sunday, June 30, 2013

Nixon Fork FINALLY shuttered

And here we go, FINALLY the last nail in this disgusting offense and now one wonders if Mr. Harry Barr will buy the property in bankruptcy and do it all over again for the NEXT generation of truly amazing idiots.

Since, to this fukkin day, there has been no proper disclosure of the very obvious water table problems why not?


Fire River Gold Corp. has commenced the process of placing its Nixon Fork gold mine on care and maintenance. A core team will remain at the mine site to maintain the infrastructure.

The company is taking this action until a revised operating plan has been developed and market conditions improve. In the interim, the board will run a strategic process and consider and evaluate all options with respect to the Nixon Fork property.
Half a cent bid and there ain't a poochie here who never heard it first at Neer Do Well about 2 years ago. UNREAL is what this ridiculous fraud is and was. A body can't motivate the BCSC for love nor damn, fukkin money and fuk me the company ADMITTED IN BLACK AND WHITE its disclosure was whacked and we STILL couldn't move the BCSC one iota.