Here’s the NR, comment coming up:
August 05, 2010
East Asia Minerals Serves Libel Notice On Northern Miner — Vancouver-Based Company Demands Apology and Correction
For Immediate Release, August 5, 2010 TSXV: EAS
VANCOUVER, B.C. — Thursday, August 5, 2010 — East Asia Minerals Corporation (TSXV-EAS), a Canadian mineral exploration company with its head office in Vancouver, delivered a legal notice today to The Northern Miner newspaper over a recent article which made defamatory and misleading accusations concerning the company’s disclosures about Indonesian property currently under exploration.
In a statement released today, Chief Executive Officer and President Michael Hawkins said: “We are extremely disappointed that The Northern Miner published misleading information about our disclosure practices in a prominent article on its website about protected forest in Indonesia. We have asked the newspaper to do the right thing, retract its erroneous accusation that we failed to tell shareholders about the status of the property, and acknowledge that East Asia Minerals made timely and complete disclosure starting nearly three years ago”.
In a letter sent to The Northern Miner, the Company expressly reserves the right to file a libel lawsuit to recover damages from The Northern Miner for injury to reputation and financial loss.
About East Asia Minerals Corporation
But last weekend, it only took the most basic of DD and asking around a bit for this author to see that the Northern Miner article (pasted here below in its entirety this time, because it’s fair game for public material now EAS.v is getting legal on their tushes) was a really biased, misleading and generally bad piece of journalism that was likely written with an a priori agenda. Just for one thing, it took me about five minutes on SEDAR to confirm that EAS.v has indeed made clear and specific public disclosures about the nature of the forestry issues at Miwah, something that Northern Miner said they hadn’t done. That alone is libel….probably. So if all it takes this humble scribe is a minimum of snuffling around to find out the facts, why did Northern Miner, the supposed “Bible” of mining journalism (though that mantle has slipped badly over the last few years) decide not to include this basic DD in its report? Gotta make ya wonder….
So anyway, here’s the whole allegedly libellous NM report reproduced for public interest. It’ll be interesting to see whether NM stands by its crap or goes the humble pie route.
UPDATE: Trish eats it
East Asia Minerals unresponsive about protected forest in IndonesiaBy: Trish Saywell