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Jordi Fabre
Overall coordinator of the Forum

Joined: 07 Aug 2006
Posts: 5029
Location: Barcelona



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Posted: Jun 11, 2008 13:47 Post subject: Mont St. Hilaire - Poudrette Quarry sold? |
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I just got the new that the Poudrette Quarry from St. Hilaire was sold by the Poudrette family. Someone have more news about it?
Jordi |
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Jon Mommers
Joined: 07 Jun 2008
Posts: 68
Location: Melbourne. Victoria



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Posted: Jun 12, 2008 07:50 Post subject: Re: Mont St. Hilaire - Poudrette Quarry sold? |
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Hi Jordi,
there was a discussion on mindat some time back re this issue
www(dot)mindat(dot)org/mesg(slash)5(slash)89283(dot)html
I also recall seeing a short note about the quarry being sold and now managed by a group that had previously leased part of the quarry. The article further went on to say that the prospect of future collecting at the quarry was very dim. Unfortunately I can not find the article at present.
You could also try Malcolm Black at The Royal Ontario Museum, or Lazlo Horvarth, both of whom are deeply involved in Mont St Hilaire
Cheers
Jon |
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Jordi Fabre
Overall coordinator of the Forum

Joined: 07 Aug 2006
Posts: 5029
Location: Barcelona



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Posted: Jun 12, 2008 08:25 Post subject: Re: Mont St. Hilaire - Poudrette Quarry sold? |
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Thanks Jon. On the meantime I received more infos. On the MSH_minerals forum they discussed about this.
As I can't find a link to this forum I copy below the texts that I received from the discussion in this forum:
> > I live in Pennsylvania U.S.A. was again planning to come up to MSH > this US
> > memorial day weekend.
> > I had been told by someone that they had received a montreal club newletter
> > that indicated the poudrette carriere had been sold, and at present there
> > is no access. I have the april newsletter but have received nothing since.
> > What can you tell me. I also tried to contact Tony Gordian via email but
> > have received no response back. Thanks for any help
> Hello Dennis,
>
> I am really not up-to-date; anyone cares to respond?
>
> What I can say is that it made the front page of the February 2nd 2008
> edition of the local newspaper (L'Oeil Regional. in French). The
> title was: "The End of La Carriere Poudrette?" (note the "?" at the end).
>
> In 2006 the family-owned company was owing 14,3M$ to 185 creditors.
> GE Canada became the main creditor and reimbursed a 4,6M$ loan to the
> Banque de Montreal. Since January 2008 the quarry is under the
> financial guardianship of the firm Raymond Chabot.
>
> If the Poudrette family's company fails to pay back their lenders GE
> Canada, the main creditor, could liquidate the assets.
>
> The article also says that operations could continue even if the
> company changed hands.
>
> Please chime in if you have more recent information.
>
> Best regards,
> Nemo
--- In MSH_Minerals "Jonathan" wrote:
> It appears that the previous subcontractor of the quarry, company by the name of Polaris is taken over.
> They are self declared enemies of mineral collectors and have new signs posted at the gate.
> One of the signs says: "No entry to unauthorized personnel under any circumstance, Zero Tolerance"
> Even during the time that they subcontracted there we have been prevented from going close to "their corner"
> So if no one can talk some reason in to the heads of those subhumans we are out of there for good.
> With broken heart.
> Jonathan |
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