I like the prospects for Porsanger - I like it a lot. However it be a great disservice if I don't share an article I just stumbled upon:
https://newsbeezer.com/norwayeng/fears-bombs-gold-and-monster-masts-will-drive-them-out-nrk-sapmi/
This article details some of the sentiment, the opposition the locals have to Porsanger - I have doubts we will be able to get this done in September. If drilling can be executed, I feel it be more in March as it looks clear that the Sami Parliament are not keen on drilling - and a lot of the locals have their issues.
I feel Porsanger paints a very different picture to Penikat - I honestly feel Penikat will be a much simpler process (albeit longer) compared to Porsanger.
I still agree that KRM presents itself a limited risk high upside opportunity at the current valuation however I wanted to chuck this here so we can all be aware of what's going on.
Let's finally sell Way Linggo and with enough time and due diligence I'm sure we will be able to acquire something okay while waiting for the Penikat permits to pan out the way we want them to and if we can get drills into Porsanger that's a bonus - I feel there is definitely something juicy in regards to Porsanger and perhaps it presents an opportunity to sell it off as well if we don't get far with community relations - if it doesn't work despite our best efforts maybe perhaps someone else does the lifting (I am not saying we should sell of Porsanger, however there is definitely optionality here if we can prove up some exciting mineralization there).
Keep up the good discussionIt's good seeing activity here on the forums
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- Ann: PGE-Copper Mineralisation Confirmed at Porsanger
Ann: PGE-Copper Mineralisation Confirmed at Porsanger, page-8
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Price($) | Vol. | No. |
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