AYN 0.00% 0.1¢ alcyone resources ltd

Quick google myself:Did you actually read this article in the...

  1. 2,811 Posts.
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    Quick google myself:

    Did you actually read this article in the Durango Herald from August 15, 2013?

    http://www.durangoherald.com/article/20130815/NEWS01/130819664/-1/mining

    Here is some great snippets:

    Shut-down Mancos mill fined $337,167

    ---> FINED US$337,167

    DENVER – Mining inspectors have found heavy pollution from mercury and arsenic inside an unpermitted gold mill on the west side of Mancos

    ----> UNPERMITTED MILL
    ----> HEAVY MERCURY AND ARSENIC

    It’s “one of the uglier cases of using hazardous chemicals and illegal milling” that state mining regulators have seen, said Julie Murphy, a lawyer for the state Division of Reclamation, Mining and Safety.

    ----> ILLEGAL

    Tests on the most polluted piece of equipment found mercury concentrations of 32,000 parts per million. The acceptable standard for industrial operations is 43 parts per million,

    ----> ABOVE 80,000x ACCEPTABLE MERCURY LEVELS

    The Mined Land Reclamation Board found Red Arrow in violation of six mining laws, including operating the mill without a permit.

    ----> VIOLATION OF SIX MINING LAWS


    Here is a picture of the mill...






    And knowing all this AYN proceeded to acquire this for A$5M?

 
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