Sterling Mining Company

Edel Man, ich habe gestern auch noch Sterling um eine Erklaerung gebeten,bin gespannt es lange es dort dauer wird und was sie zurueck schreiben.

Have a nice day

XAX

Aladin,
ein sehr gute Idee, da bin ich auch gespannt, ob die auch so zügig sind wie NPG und CBE.
Glaube eher nicht.

Goldy,
das ist vollkommen richtig, dass du gesagt hast um 5 ist SRLM wieder ein Kauf. Kann mich noch genau erinnern.
Ich habe geantwortet, dass ich dann schon viel gewinn draufhabe.
Also war dein Beitrag kontraproduktiv.
Wenn sie nicht pleite gehen, dann wäre doch ein Kauf vor 5 schlauer.
Meinst du nicht auch, goldy.

Bei ALMI hast gesagt 0,9 ist sehr sicher, da kratzt sie jetzt herum.

Goldy, was anderes, sag mal wie weit SRLM nach deiner Einschätzung noch fällt., sie einen Boden findet.
Das fände ich einen konstruktiven Beitrag.

Tschonko

Sir / Madam

I'm holding almost ... percent of your 20m shares.
Despite any progress at Baroness the share only knows one way which is south.
What is going on ?... Can you give me an explanation for it please.
What about the twist between the ""unknown Investor"" who argues with Mr. Del Motte ?
Many companies talk about tax loss selling at the end of the year,please give another explanation than that.
I'm very uncomfortable now and I rescued for a while the shareprice when it was at 2.07 USD today with the order for another 40 t shares.
It went quickly back from 2.20 to 2.07 and this is alarming now.
Who dumps those shares, any idea ?
When can we expect the listing at amex, its about time !

Well, I would appreciate if you answer my mail and say thank you in advance.

Regards

Hallo Tschonko,

kann Dir den Unmut über die Krebserei von Almi nachfühlen.

solange keine News über Anwendungen ihrer halloysite kommen wird sich nichts ändern.
Aber WENN, dann wird sie wie´s erste mal losstarten.
Bis dahin warte ich geduldig, wenn auch leicht ghenervt.

Grüße

emo

P.S. Hast einen Vorschlag wann/wo wir uns am Samstag auf der Edelmetallmesse sehen könnten?

emoba

Bezueglich Almi hoerte ich gerade ein Interview mit dem CEO wegen ihrer Halloysite in Utah. Der Hauptlieferant fuer die Nanotechnologie ist eine Firma in Neuseeland,man will nun mit diesen Projekt in Utah den Amerikanischen Markt versorgen bzw. erstmal testen.

Falls dieses gelingt kommt kraeftig Geld in die Kassen das die zum jodeln anfangen.

Ich habe auch einige und bin darauf gespannt wie du.

Glueck auf mit Almi

Gruss

XAX

Hier ein neuer Report:

http://biz.yahoo.com/e/051117/almi.ob10qsb.html

Die Antwort von Sterling, (siehe oben)

The reason for the share price’s descent has much to do with the fact that several shareholders are banding together to fight Sterling and Mr. De Motte. They have established a website that attacks the company and Mr. De Motte. This kind of public commentary obviously puts pressure on the stock itself. In the meanwhile, however, the company continues to work towards the restoration of production at the Sunshine mine (see attached release) and is also producing silver at the Baroness project in Mexico.

Olav

aladin,
danke für deine Mühen.
Olav: kurz und bündig und auch schnell. Überraschung!
Kann er schon Recht haben.
Aber wissen tut er nichts Genaues nicht. :))
Also palastrevolution. Da möcht ich aber auch mittun.

Hab gestern auch gemailt (siehe DROOY) Hatte Antwort innerhalb von 2 Stunden, obwohl es in Australien noch sehr früh war.

Grüße
T.

Der Anhang ist von der Website vom 25th October ueber die Restaurierung von Sunshine.
Ich habe geantwortet und bedankt mit bitte fuer den link zur propaganda webseite die ich nicht kenne.

Wir muessen die Saecke oefters anschreiben und Wind untern Hintern machen,Amigos.

Gleich bluffen als Grossanleger, dann muessen sie Antworten, wenn nicht dann schnell rennen.

Wenn mir der Olav den link nicht schickt dann kann man sich auch was dabei denken.

Wie heisst es so schoen, buy on rumors, sell on facts.

Spaetestens Ende December sollte sich klarheit bilden.
Olav schickt nix bis jetzt.... also darum gehts...nochmals...
Wenn der Haeuptling dann feststeht und die das Amex listing durchkriegen dann geht die Post ab IMO.

Sterling Mining Announces Cancelled November 2 Special Meeting

Re-Scheduled for December 21, 2005

WALLACE, Idaho--(BUSINESS WIRE)--Nov. 4, 2005--Sterling Mining Company (OTC:SRLM - News) announced today that the District Court of the First Judicial District of the State of Idaho ordered on November 1 that the Special Shareholders Meeting scheduled for November 2 be cancelled. A dissident stockholder contended that the company did not provide a shareholder list within the time limits required by state law in order that the shareholder could engage in a "Proxy Battle." The judge in comments from the Bench at the conclusion of the hearing indicated that, while he felt that the dissident shareholder's methods amounted to "self-inflicted injury," he would rule "out of an abundance of caution" for the shareholder in order to be absolutely sure that no damage could possibly come to the shareholder's rights. While the Company respectfully disagrees with the ruling, we will, of course, comply with the ruling.

The Company believes that this action is a continuation of this shareholder's attempt to gain control of the Sunshine Mine property for his own self-serving desires. In April of this year this same shareholder attempted, through another company with which he is affiliated, to acquire 65% ownership and operational control of the mine under terms very unfavorable to the stockholders of Sterling. The proposal was completely unsatisfactory for many reasons and the Company was compelled to reject the offer. The shareholder later, through other companies he is involved with, brought a personal suit against the President of Sterling, Ray DeMotte. These sorts of actions damage the Company by hampering fund raising, distracting management from their operational duties, and can depress the stock price.

The cancelled November 2, 2005, special meeting will cost the company (and its shareholders) around $10,000. The Company does not intend to waste its resources battling the dissident in the media.

Special Meeting Re-Scheduled for December 21, 2005

Sterling Mining Company has re-scheduled the Special Meeting for December 21, 2005. The matters on the agenda still must be voted on.

Auditors must be appointed for 2005 financial statements.

The Company is nearing the current capitalization limit of 20 million shares. To meet our objectives for 2006 and beyond, we must increase the capitalization to facilitate funding options. Management intends to judiciously issue shares to achieve our operational goals.... tropf tropft..

President Ray DeMotte said: "Since 2003, we have followed a systematic and methodical plan to return the Sunshine Mine to long-term sustainable production. Maintenance, ongoing rehabilitation, exploration, and development of a mine plan have progressed on schedule. We have staffed our operations with highly experienced and qualified professionals at all levels."

Annual Meeting Scheduled for February 18, 2006

In compliance with the corporate by-laws, and state law, an Annual General Meeting of Shareholders is scheduled for February 18, 2006, the third Saturday of February. The proxy statement relating to the annual shareholders' meeting will be mailed to investors in December.

Also das war mir schon bekannt, hab ich vorausgesetzt.
Hatten wir hier schon besprochen.
Der Typ hat de Motte verklagt wegen angebklich unrichtiger Vorspiegelungen und hat dann weiter andere shareholder auf seine Seite gezogen.

Wir haben sogar den link von der zeitung hier herinnen, in dem Artikel ist der Kläger auch namentlich erwähnt. Über diesen namen ließe sich wahrscheinlich die Seite ergoogeln.

Grüße
Tschonko

Good Boy, der Olav

Viel Spass....http://www.savethesunshine.com/

ich habs noch nicht gelesen..wer es kann legt seine Meinung rein.

Gnight

XAX

Faengt ja schon gut an....SAVE THE SUNSHINE

Raymond De Motte - According to his resume, he has an accounting and finance background. Business qualifications are not apparent. No mining experience. Not independent as he is also President of Sterling. Defendant in federal lawsuit alleging fraud, securities violations, racketeering and other misconduct.

Kevin Shiell - Extensive mining experience, no apparent financial experience. Not independent as he is also Executive Vice President of Sterling and President of Kimberly Gold Mines subsidiary. Mr. Shiell is employed full time as mine superintendent at the Stillwater Mine in Montana, several hundred miles east of the Silver Valley.

Terry Rice - Mining experience, no apparent financial experience. Not independent as he is also VP Mexico.

Dave Waisman - Mining experience, no apparent financial experience. Possibly independent.

Carol Stephan - No mining experience, no apparent financial experience. Not independent as she is Assistant Secretary of Sterling and serves in various capacities and co-invests with Mr. De Motte in a vast number of other enterprises. Defendant in federal lawsuit alleging fraud, securities violations, racketeering and other misconduct.

Based on this overview, we find that 3 of the 5 directors have mining experience, which obviously qualifies as relevant business experience for a mining company. The other 2 directors may have some relevant business experience in other fields or through administrative duties at mining companies. But what about the other requirements of independence and financial experience? In fact, we find that only 1 of the 5 directors has any apparent finance experience or an accounting/legal background and another 1 of the 5 directors is possibly independent. Finally, we need to mention for the sake of full disclosure that 2 of the 5 directors are defendants in a federal lawsuit that alleges they engaged in fraud, securities violations, racketeering and other misconduct in their dealings with several major Sterling shareholders, including Silver Valley Partners, LLC and its manager James D. Christianson.

That, fellow shareholders, is a very poor score. Frankly not one of these people is board of directors material. And yet they comprise the entire membership of Sterling's board. No wonder Mr. De Motte is supposedly able to steamroll meetings at will.

If this wasn't enough, the composition of Sterling's board of directors at any particular point in time seems more enigmatic than a Stanley Kubrick flick.

Is Kevin Shiell still a director? Rumor has it that he resigned but Mr. De Motte refused to acknowledge it.

Look, a company with a history of reliable operations, highly credible management and proper and timely disclosures does not need this type of scrutiny. Unfortunately, Sterling isn't one of those companies and a tiny amount of research and analysis should bring you to that conclusion. Actually, one item alone should be sufficient to convince you: David Morgan's reason for dropping Sterling from his "Model Portfolio" at silver-investor.com. He basically stated that Sterling management lied to him about the company's plans for filing registration statements with the SEC. Mr. Morgan sugar-coated it a little bit, but that was the basic reason.

# alle

Bitte Eure Meinung, Ulfur und Tambok bitte auch wenn ihr Zeit habt.

http://www.savethesunshine.com/

Thanks

XAX

Ich sag ja: Palastrevolution.
Hab mich schon registrieren lassen auf der seite.

Würd ich euch auch empfehlen, weil damit können wir voten am 21.12.
Das wird heiß.
When to Calm Down, When to Act and When to Panic.

Grüße
Tschonko

PS.: Krieg auch die aktuellen e-mails von der Seite.
Bei der proxy sind wir dabei. Wieviel shares haben wir den ca. hier auf goldseiten.de?

Hi Tschonko

Wenn du meinst lasse ich mich registrieren mit 145"" Aktien.

Dachte du bist schon in Minga, Hut mitnehmen !

Danke fuer deine Meinung, wenigstens eine zu der Sache.

Gruss

XAX

Aladin,
morgen vor den early birds. und es schneit.....so ein scheiß.
Is ja nicht unweit. Richtig weit aber auch nicht. Aber muss Sonntag um 11 in Linz sein. D.h. ich muss noch zurückfahren. Aber an Durst hab ich auch und kan Chauffeur.

Hab jetzt schon einiges gelesen auf der Seite und folgendes bekommen.
Dear ........

Thank you for registering with us! You will receive a login and password once we have reviewed your registration information. We may need to contact you to confirm the information you provided prior to completing the registration process.

Site Administrator (link zu mail)

Gut wäre, wenn wir hier gemeinsam auftreten könnten.
Vertreten so und soviele shares etc.
Die wären sicher auch interessiert.
Weil wie das abgelaufen ist, war sicher nicht ganz ok, wie ich es bisher verstanden habe.

Hier noch ein Auszug:
Unfortunately we have been extremely busy (and burned out from the effort of setting up this website) to have done much updating in the last couple of weeks. But today, we received notice of the rescheduled Special Meeting of Shareholders to be held on December 21, 2005. Attached to the notice, which contained a better explanation for why the meeting is being called, is a letter to shareholders and a one page list of Sterling’s goals and achievements between 2003 and 2006. If you have not received the notice and additional materials, we will try to post it in the shareholder area very soon. We will also provide some commentary on this proxy package shortly.

Our position has not changed. Management is asking for the same things as they asked for at the canceled November 2 meeting. That meeting was canceled solely because Sterling failed to provide a shareholder list pursuant to Idaho law. What a waste. The canceled meeting supposedly cost Sterling $10,000, which Ray De Motte stated was an unnecessary cost borne by all Sterling shareholders. Well, it cost a small number of Sterling shareholders a lot more than that in legal fees to stop the meeting. Simply so they can have the tools provided under Idaho law to contact other shareholders in order to express an alternate viewpoint to that expressed by management. You can blame management sloppiness and intransigence for all of this, although Ray De Motte has stated in a press release that he believes the whole thing is just a veiled attempt to fight for control over the Sunshine. We will soon have the transcript of the hearing at which the restraining order to halt the meeting was granted. I think the fumble will be evident based on a Sterling employee’s own testimony.

I personally have a problem with this whole “control” of the Sunshine Mine angle that Ray De Motte has brought up. To me, control means “in control” but everything about Sterling and the Sunshine is “out of control". And why the heck is the stock price so low considering that Sterling “controls” the Sunshine? It’s like “control” is some sort of dirty word when it comes to Sterling.

Maybe what’s going on might make sense when we consider how passengers on a 747 would feel if the pilot at the “controls” was drunk, cross-eyed, groggy, peeved and confused all at the same time. Seats on such a plane wouldn’t carry a very high premium. Perhaps a pilot replacement, a co-pilot or even a change of plane might be necessary to get people to fly. The passengers may get re-routed but they should arrive at the original destination safe and sound, if you know what I mean.

This website has been accused of doing a bash job on Sterling stock. Well, let me turn the tables on that lie right now. If you are a shareholder and you believe things should stay the way they are, the best way to make your point would be to buy some stock. Assuming Sterling “controls” the Sunshine and this is the best thing for shareholders, there should be plenty of shareholders willing to put their wallets where their mouths are. Let’s see some decent buying volume and a turnaround in the share price starting right now. Stop crying about how undervalued the stock is and do something about it. “Manipulate” the stock price by purchasing some shares. Give De Motte the support he asks for. A $5 share price should be a nice short-term target.

Of course, having said this, if we ever do sell more Sterling stock, we will be accused of pumping and promoting the stock. And god forbid we should gain “control” of the Sunshine, we’ll surely be accused of having done everything as part of some deviously crafted attempt to, well, gain “control” of the Sunshine. I suppose that would be an easier lie to perpetrate than the laughable accusation by certain yellow journalists and anonymous chickens that we are illegally depressing the stock price.

What a joke. Someone who hates “little birdies” told me there are miners and whiners, and that I am a whiner. So, if there are some real miners out there, come and get it, “control” of the Sunshine for a little over $2 per share. Is that all this “control” is worth to you? The equivalent of 5 million ounces of silver bullion?

If the December 21 proposal to increase authorized shares by 20 million is approved by the majority of shareholders, clearly those consenting shareholders are comfortable with the fabled “control” premium being reflected in Sterling’s stock price. So each of you, representing close to 10 million shares, please just buy 1 share for each share you currently own. I’m sure most of you will be lowering your cost basis, not to mention taking shares from those who are not comfortable and putting them in “strong” hands instead.