scotchoverice's Posts

now here is the last filing Kansai has made on SEDAR...see the date: FOR IMMEDIATE RELEASE RAB Special Situations (Master) Fund Limited Disposes of Shares in Kansai Mining Corporation London, United Kingdom – December 12, 2011 – RAB Special Situations (Master) Fund Limited (the “Filer”) announces that on September 29, 2011, it disposed of 29,629,000 common shares (“Shares”) of Kansai Mining Corporation (the “ Issuer”), a British Columbia based mining and exploration company. The Shares represented approximately 28.80% of the outstanding Shares of the Issuer. Immediately after the disposition, and as of the date hereof, the Filer had ownership of and control over no Shares of the Issuer. The Filer disposed of the Shares pursuant to an option agreement dated December 7, 2009 between the Filer and Red Rock Resources plc (“RRR”), whereby the Filer sold an option (the “Option”) to purchase the Shares to RRR subject to certain conditions. At that time, the Shares were subject to cease trade orders (“CTOs”) issued by the Alberta Securities Commission (“ASC”) and the British Columbia Securities Commission (“BCSC”). On February 18, 2011 and March 10, 2011 the BCSC and ASC, respectively, issued partial revocations (amendments) to the CTOs to permit the transfer of the Shares pursuant to the Option. Other than the partial revocations, the CTOs remain in effect as of the date of this press release. Notwithstanding the partial revocations of the CTOs, the transfer of the Shares was not effected by the Filer’s Canadian custodian of securities (which held the Shares in trust for the Filer) until September 29, 2011. As a result, the Filer continued to hold the Shares until September 29, 2011, when the custodian transferred the Shares. The Filer disposed of the Shares for investment purposes only and not with the purpose of influencing the control or direction of the Issuer. The Filer may in the future, subject to market conditions, make additional investments in or dispositions of the Issuer’s securities. The Filer is located at P.O. Box 309 Ugland House, George Town Grand Cayman, KY1-1104 Cayman Islands, British West Indies. For further information please contact Simon Gwyther at +44 (0)20 7389 7000 or fax +44 (0)20 7389 0990.

Now under Canadian law, a 25% shareholding is deemed a "controlling interest"....

Kansai's head office is in salcombe - that's Bruce walsham's address....

Kansai Mining Corporation Profile Mailing Address: PO Box 9 Payson, Arizona 85547-0009 Head Office Address: Carrswood, Fortescue Rd. Salcombe, Devon TQ8 8AP Contact Name: Thomas L. Crom III Principal Regulator: British Columbia Business e-mail address: [email protected] Short Form Prospectus Issuer: No Telephone Number: 928 474-9151 Reporting Jurisdictions: British Columbia, Alberta, North West Territories Fax Number: 928 474-8354 Stock Exchange: TSX Venture Date of Formation: Jul 26 1986 Stock Symbol: KAN Jurisdiction Where Formed: continued to British Columbia Auditor: KMPG, LLP Industry Classification: junior natural resource - mining General Partner: CUSIP Number: 48460E Transfer Agent: Computershare Trust Company of Canada Financial Year-End: Sep 30 Size of Issuer (Assets): $5,000,001 to $25,000,000

Irrational? How much money has AB EVER made for shareholders? What about the $500k to Kansai?

Omar is right...and the market is wrong....hmmmmm

Yes Mr Magic....Omar is plainly silly...he has been telling investors what a good and undervalued investment RRR has been all the way down from many whole pennies.....such a good investment...and Omar is an accountant you know so don't insult him or he will get the ICA of which he is not a member to sue you for unlimited damages...he talks nonsense periood..his job is to confuse and deflect criticism away from his master.....now ask him about the missing $500k allegedly paid to Kansai Mining and his accountancy skills and speech fail him....

Wouldn't it be funny if mtr....

Wouldn't it be funny if it was BMR?

If you think the free float I s 30m I can assure you it is substantially less