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Wrong Garry Anselmo?

Garry L. Anselmo

Chief Executive Officer

Silverado Gold Mines Ltd

Direct Phone: (604) ***-****direct phone

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Silverado Gold Mines Ltd

6400 Oak Canyon, Suite 200

Irvine, California,92618

United States

Company Description

Silverado is an international company focused on gold exploration. The company currently has three main projects in Alaska: Nolan Creek Gold and Antimony, Ester Dome Gold, and Eagle Creek Gold and Antimony properties....more

Background Information

Employment History

Chairman, President and Chief Executive Officer

Agoracom


President

Green Fuels Ltd


Chairman, President and Chief Executive Officer of Silverado Gold Mines Ltd. At World Resource Investment Conference

Cambridge House Intl. Inc


Affiliations

Alaska Miners Association

Member


Mineweb

Board Member


StockNewsNow.com

Chairman of Board of Directors


Tri-Con Mining Ltd.

Founder


Education

geology and geochemistry

University of British Columbia


Bachelor of Arts degree

Simon Fraser University


Web References(183 Total References)


Drawing the ire of white-collar criminals - Western Alumni

www.alumni.westernu.ca [cached]

The company's founder, president and chairman, Garry Anselmo, boasts that he doesn't take a cent of salary from Silverado, which is technically true, but quite misleading.
As disclosed in the company's filings with the U.S. Securities and Exchange Commission, he has earned millions of dollars from Silverado through his private B.C. company, Tri-Con Mining Ltd., and two related U.S. companies. Here's how it works: Silverado leases spacious offices on the 11th floor of the Terasen Gas building at 1111 West Georgia for about $125,000 per year. None of the employees, including Anselmo, work for Silverado. They all work for Tri-Con, which is owned by Anselmo. The bottom line is that Tri-Con, which is owned by Anselmo, has earned about $400,000 annually in mark-up for the past 14 years, courtesy of Silverado shareholders. Pretty handsome remuneration for a five-cent company. Tri-Con also leases, for Anselmo and his wife, a Cadillac SRX and two Corvettes. Each are worth about $100,000. I wanted to ask Mungal and Anselmo whether the lease costs are passed through to Silverado, but they made it clear they are not willing to talk to me. The board consists of Anselmo, 64; Stuart McCullough, 72, a retired Canada Safeway district manager; and James Dixon, a senior partner with the Vancouver law firm Shandro Dixon Edgson. "Welcome to the 36th annual general meeting of Silverado Gold Mines," company chairman, president, chief executive officer and chief financial officer Garry Anselmo told a rag-tag assemblage of three shareholders and sundry employees at the Best Western Capilano Inn & Suites on Tuesday. Anselmo tried to toss off this fiduciary holiday as an "oversight," as though you could forget to hold an AGM four years in a row. "Restraint" is not a word one would normally associate with Anselmo, who has a penchant for Corvettes, gold nugget jewelry, fine food, bluster and hyperbole. Despite the commission's handcuffs, Anselmo couldn't quite control his promotional reflexes. He told the meeting that "everything on the property is big" -- big gold nuggets, big quartz crystals, and antimony veins over a foot thick. He delivered all this in a low-key professorial manner, giving him an aura of authority that the company's track record does not support. Another shareholder asked him about the company's proposed coal-water "green-fuel" project in Mississippi. Anselmo, again adopting a restrained manner, said it is not clear whether the coal supply in that state is suitable for coal water, so pending further tests, the project is on hold. What a contrast. Until May, Anselmo had been feverishly touting the project. After the commission stepped in, however, he was forced to admit the project had fallen apart. But once again, he had difficulty controlling his promotional impulses. He droned on at length about the viability of the technology, how the company would be able to produce coal water for the equivalent of $20 per barrel of oil. This prompted the company's lawyer, Winston Yee, who had parked himself beside Anselmo at the head table, to interject that these figures were based on models, not real life. The same shareholder asked Anselmo why, considering all his "grand plans," Silverado stock is trading at only a penny. (The stock is quoted on the dreadful OTC Bulletin Board in the United States.) Anselmo dug deep into his bag of excuses and pulled out two Howe Street favorites. "The same reason the American economy is on its knees," he said. A widespread economic bust is a handy excuse that comes around every few years and gives promoters the opportunity to reset the clock. In most cases, however, their companies are already messes, as Silverado certainly is. For his second excuse, Anselmo cited illegal short-selling. During the past 15 years, Anselmo -- through Tri-Con -- has earned an average of $425,000 annually, courtesy of Silverado shareholders. Anselmo had 35 years of experience and was "well-versed" in exploration costs in Alaska. "As a director, I am entitled to rely on the expertise of management," he said. I was floored by this response. Dixon's obligation as an independent director is to ensure the conflict is properly managed, not defer to the person who is in the middle of it. At that point, Anselmo whispered something. Then Dixon said Anselmo had reminded him that KPMG, the company's previous auditor, had previously reviewed Tri-Con's charges. (The implication was that KPMG had approved them.) I asked Anselmo whether he had any documentary evidence to support what he was saying. "I'm not prepared to provide any," he said. So what we have here is the perfect storm: Massive and continuing company losses, a stock price that is barely registering, and a principal officer and director who is getting rich at the expense of shareholders. Anselmo was not about to muse over this unholy trinity: "This meeting is closed," he declared, cutting me off in mid-sentence.


Coins and Books - Selling and Buying Coins, Books, Fossils, Gems, Meteorites, Petrified Objects and More - new, used, rare coins and books

www.coinsandbooks.com [cached]

Found on Mary's Bench (Nolan Creek) near Wiseman, Alaska in 1994 by Silverado Gold Mines Ltd . This nugget was sold to a collector in 2000 for $50,000.00, according to Garry Anselmo, head of Silverado Gold Mines Ltd.


Dr. Ken Malone, CEO Ablitech, Inc. “We Protect Silencing RNA & Get it Inside Cancer Cells” at the BioMaryland Booth at BIO International Convention 2012 | Stock News Now

stocknewsnow.com [cached]

Jane Shaab, Executive Director of University of Maryland BioPark, "University-Associated Research Park Accelerating Biotech Commercialization & Economic Development" at the BioMaryland Booth in BIO International Convention 2012 Garry Anselmo, CEO Silverado Gold Mines Ltd.


Stock News Now

stocknewsnow.com [cached]

SNNLive spoke with Garry Anselmo, Chairman, President and CEO of Silverado Gold Mines Ltd. at Cambridge House International's World Resource Investment Conference 2012 in Vancouver, BC.
Mr. Anselmo has been the chairman of our board of directors and Silverado's chief operating officer since 1973. Mr. Anselmo has been the president, chief executive officer and chief financial officer from 1973 to 1994 and from 1997 to July 2009. "We've been working in Alaska for 42 years...Taken out about 40,000 ounces of gold on a test basis. Two of our properties are two of the largest antimony producers in Alaska...Our one project...its ready for production, its permitted, 30 man camp, built roads all in, facilities", Mr. Anselmo states. For more information about Silverado Gold Mines Ltd., check out their website. SNNLive welcomes Garry Anselmo, Chairman, CEO and President of Silverado Gold Mines Ltd.


stocknewsnow.com

Garry Anselmo, CEO Silverado Gold Mines Ltd.
"Gold & Antimony Exploration, Development in Alaska" at the World Resource Investment Conference 2012


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