"In Mexico its simple... if you don't have Surface Rights you can't ACCESS the property no matter if you have the mineral concessions titles. Having mineral concession titles simply gives you the right to the minerals that are "UNDER-THE-SURFACE". It is up to the concession holder to work out a deal with the land owners, who in this case would be the "Ejidatarios"** of Cinco Minas. These Ejidatarios are free to do as they wish with their Land, including but not limited to leasing it to a 3rd party. There is no package deal when you acquire the mineral concession rights, no protection from the local Government, No LAW that obligates or forces the Ejidatario to sign with the concession holder. That is why it is so important to have the Ejidatarios who are usually the workers or family of workers / miners on your good side.
1) How long will the legal case take? Legal case has been lost by Bandera Gold Ltd. on August 17, 2011 as shown on the Mexican Supreme Court website. They might continue with an appeal of some kind to give the appearance to shareholders that there is still hope (pass the burning matchstick).... if that happens you are easily looking at a minimum 3 years in the Mexican Court System.
2) Is a settlement even possible? It's impossible, it's NOT convenient to either party to settle. First off, Bandera Gold Ltd./Russel Renneberg is a scam run by professional scammers. They have no interest in continuing with the Cinco Minas - Gran Cabrera project. They have already sold all their stock during their Pump and Dump many years ago, besides, settling would involve having to deal with sociopath George Barnett Salazar, and even people in Colombia know he is a Schizophrenic, Bi-polar Psychopath that cannot be TRUSTED anymore. Second, both Bandera/Russel James Renneberg and George Salazar Barnett know that Southridge owns Cinco Minas and arguing this fact would involve years of litigation (min. 5 years) and hundreds of thousands of dollars in legal fees. Third, both Bandera-Russel James Renneberg and George Salazar Barnett are aware of the fact that Southridge signed a Surface Rights Contract with the Cinco Minas Ejidatarios. There is NO arguing with this very important fact... Bandera Gold or George Barnett simply CANNOT and will NOT have access to the Cinco Minas properties for the next 50 years or until the contract with the Cinco Minas Ejidatarios expires. So without ACCESS to the mineral concessions you can't do any exploration, thus making it 100% IMPOSSIBLE for either Bandera Gold or George S Barnett to raise further monies....
http://cdn.hotstockmarket.com/4/42/42eacfe9_sentencing.png
Here is a link to the full 36 page court document that shows clearly that Bandera Gold has lost!
Or you can download it straight from Mexican Supreme Court website:
http://www2.scjn.gob.mx/ConsultaTematica/Pagi...oID=122590
In Mexico its simple... if you don't have Surface Rights you can't ACCESS the property no matter if you have the mineral concessions titles. Having mineral concession titles simply gives you the right to the minerals that are "UNDER-THE-SURFACE". It is up to the concession holder to work out a deal with the land owners, who in this case would be the "Ejidatarios" of Cinco Minas. These Ejidatarios are free to do as they wish with their Land, including but not limited to leasing it to a 3rd party. There is no package deal when you acquire the mineral concession rights, no protection from the local Government, No LAW that obligates or forces the Ejidatario to sign with the concession holder. That is why it is so important to have the Ejidatarios who are usually the workers or family of workers / miners on your good side..... which, we all know Bandera Gold Ltd. and George Barnett Salazar really messed that up!!! they turned the whole village of Cinco Minas against them when they left those poor people to starve to death. Its really not that hard to understand:
NO SURFACE RIGHTS EQUALS ABSOLUTELY NO POSSIBILITY OF MINING!