Platinex Claims it "Lost" Millions of Dollars, Really Only Lost 1 in 10,000 Chance,

MNDM is always telling us the chances of exploration success are 1 in
10,000.
What Platinex really means is that it lost the opportunity to continue
to use the dubious mechanisms of mining stock promotion to mine the
suckers who invest in these shells.

My advice; go to macs milk and buy a lottery ticket.

From www.chroniclejournal.com

Local
Platinex takes province to court
By JIM KELLY
Friday, May 23, 2008

Junior mining exploration company Platinex has launched a $70 million
lawsuit against the provincial government.
The company claims it has lost millions because the province botched
its duties towards the Kitchenuhmaykoosib Inninuwug (KI) First Nation.
"We have to watch out for our shareholders," Platinex president James
Trusler said Thursday from the company's headquarters in Aurora, Ont.
Trusler said his company has lost millions of dollars in costs because
the province failed to consult with KI.
Trusler said the province also failed to protect Platinex from a land
claim filed by KI.
The allegations have not been proven in court.
Trusler said it was critical to file the lawsuit at this time because a
the two-year statute of limitations would have prevented Platinex from
suing.
"If you don't file a claim on something within a couple of years, you
lose your rights," he said.
Trusler claimed KI prevented Platinex from accessing land claimed as
traditional aboriginal territory 600 kilometres north of Thunder Bay
because the province failed to consult KI.
"Ontario has failed to admit any liability in this respect," he said.
An injunction allowed the company to begin drilling operations on the
land.
Six members of KI are currently serving six months in jail after
ignoring the injunction.
Trusler said Platinex intends to protect its shareholders' rights.
"They (shareholders) shouldn't have to suffer because this never should
have gone to litigation," he said.
"We were forced into this. There has to be a meeting of minds and there
has to be a bending of wills."
The company is seeking more than $70 million from the province,
including claims of $50 million for general damages and $20 million for
special damages, plus interest and costs.