Today we received an emailed Press Release from Mr. Brent Johnson (“Johnson”) – he is the President and CEO of Mountainstar Gold Inc. and has had MANY issues with the BCSC as well.   We have written previously in this blog with some of the details on their matter.

The email touches on a very important “win” they have incurred after some 5 years of litigation.  This new decision by a Chilean court overrules all past decisions and as Johnson states, “…ends corrupt behavior of the bureaucrats in the Chilean government.”


Why this is a huge win here in Canada is because lawyers in Chile are now indicating they WILL be calling any and all witnesses, including many Staff at….you guessed it….the infamous BRITISH COLUMBIA SECURITIES COMMISSION.

Johnson indicates Romolo Di Fonzo (Lead Investigator at the BCSC) and Shawn McColm (Senior Compliance Counsel at the BCSC) are up first and will have their subpoenas shortly – forcing them to appear in Chile to answer many hard questions regarding their actions.   He then promises “…about six more (staff) from the BCSC which include Brenda Leong, the Chair of the Commission” and other VERY high profile Canadians will then be subpoenaed to appear in front of the same court.

Does this explain why Paul Bourque (the former Executive Director of the BCSC who took a job in Ontario) and Teresa Mitchell-Banks (former Director of Enforcement at the BCSC whom was fired and seems to have dropped of the face of the earth), among others, have all left the BCSC?   Who knows – there seems to be so many secrets down on Georgia Street.

This has ALL the makings of finally shaking up the perceived issues at BCSC – if the allegations from Mountainstar are proven in a Chilean Court the BCSC will be rocked to their foundation.   And when they fall, inquiries will surely be launched into other matters – including our allegation that Staff at the BCSC manipulated evidence in their written submissions.

Staff are ONLY allowed to hide  behind the BC Securities Act (immunity from prosecution)  IF they act in good faith while completing their job assignments.   Manipulating evidence in an attempt to make a defendant look guilty is CERTAINLY not acting in good faith!

Well….Mr. Fagbamiye, are we ever going to go out for that beer so you can tell me why you did it???   I will even let you buy on your BCSC expense account!