BGL 3.25% $1.43 bellevue gold limited

has the purge finished?, page-5

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    Gary, apparently the land to the south of the strike at Teeg hasn't been licensed at all and given that the seam was the thickest on the southern boundary the adjacent land would be highly prospective. But as I have pointed out, and was outlined in the prospectus, there was a moratorium on new exploration licences until 31/12/11 and I haven't read anything that says it has been lifted. Fortunately for Draig, at least, it is normal practice in Mongolia to issue a licence to the existing adjacent licence holder if so requested, so I am lead to believe. DYOR.
 
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