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Showing posts from November, 2014

Armenian Government Expert States Global Gold Corp Operating Illegally at Toukhmanuk Gold Mine.

Ecolur Reports: National Assembly Expert: Mego Gold LLC Implementing Illegal Activities 16:47 September 17, 2014 EcoLur:  SEE VIDEO BELOW Hermine Poghosyan , Expert at the National Assembly Standing Committee on Agriculture and Environment, stated that “Mego Gold” LC is implementing illegal activities. She made this statement at the public hearings on Tukhmanuk gold mine project held in Meliq Vellage, Aragatsotn Region, on 10 September. Hermine Poghosyan: The National Assembly Standing Committee on Agriculture and Environment is very interested in this issue. We have applied to competent bodies many times expecting expert opinions on the information and any other additional information. You don’t have an expert opinion for open pit mining. The opinion you have is issued for closed mining. We have an official letter that you don’t have the opinion of the e

Caldera Died in 2012 and After 2 years of Delays, Arbitrator issues a "Default" Judgement for Damages Against Caldera

November 12, 2014 Proverbs 24:16-18 says that  "For a righteous man falls seven times, and rises again, But the wicked stumble in time of calamity." I was advised by Caldera that the Arbitrator issued a "default" judgment against the Company on November 10, 2014 with respect to the damages phase of the counter claims filed by Van Krikorian and Global Gold Corp ("GBGD"). Caldera has not been operating since 2012, is delisted and is technically bankrupt, with no assets and millions of dollars in current liabilities. Caldera's lawyers resigned in 2012 due to non payment and the company could not hire a lawyer to present the company and assist it in a defence  during the recent damage phase. The Arbitrator refused to allow me, Bill Mavridis, to represent the company since I am not a lawyer. This is why I refer to this ruling as a "default" judgement, Caldera did not participate because it could not afford to pay for a lawyer.   Th

Global Gold Corp. Threatening YEZIDI Community with Toukhmanuk Gold Mine

ECOLUR reports : Yazidis Applied to OSCE Yerevan Office Head for Toukhmanuk Tailing Dump 11:20 September 25, 2014 EcoLur Ambassador Andrey Sorokin , the Head of the OSCE Office in Yerevan , received “Sinjar” Yezidi National Unity representatives and discussed the construction of the third tailing dump for Tukhmanuk ore dressing plant by “Mego Gold” Company. “The ambassador attached much importance to this issue and said they will work in this direction within their competencies,” said Boris Tamoyan, Chairman of “Sinjar” Yezidi National Unity. Because of tailing dump construction these villages will be deprived of any opportunity to deal with husbandry and will directly emigrate from Armenia, as they won’t have any chance for earning their living,” Boris Tamoyan said and added that these villages are not recognized as project affected, which is a gross violation