Ann: Kvanefjeld Project Public Consultation Update, page-13

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Otgkb

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16/02/21

11:31

Post #: 51027927
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Originally posted by chokdee: ↑

Very good negotiations indeed for FOURTEEN very long years. Look where it's at - another impasse for which if IA as the Doc can not ellaborate on win a possible new election - their no uranium policy - no Kyanjfeld will not be altered. A lot of monies to be made elsewhere whilst waiting another 14 years.
This release is nothing more than a forced one which is nothing more than a generalization which is all that can be provided obviously at this point in time as the company is not going to elaborate on speculation of an election and possible negative outcome nor the details of the community meeting at Narsaq and what occurred there.

Hi invest. Do you really see - should an election be held and "if" IA win - that they will betray the voters that voted for them and change policy on no uranium - a policy that they have long held. No chance. This is why the sp has dropped 50% because if IA should win a fresh election - GGG will be left hung out to dry until a possible further change of govt some minimum 4 years away. That is simply what investors are weighing up along with the very strong possibility - that many here have not thought of - another vote on uranium mining policy which got up previously by 1 solitary vote.
Investors are simply weighing the situation - it certainly is unpredictable and certainly not political hot air - as serious as it gets for the future of GGG whom have endured nothing but drama after drama with Greenland governments in 14 years. Do you recall Doc Mair blowing up big time some 12 months ago about the political impasse in moving forward - that was with a "favorable" govt in charge. What hope with IA in charge if it occurs or even Jensen for that matter?

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If IA "wins", they will need to compromise with another party to form a coalition.

No other party is against uranium mining but IA and hence there is no majority in the Naalakkersuisut that is against Kuannersuit. Until there is, I will not sell.

In my opinion the market has overreacted here, which is why my sentiment continues to be buy.

GGG Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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Ann: Kvanefjeld Project Public Consultation Update, page-13

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Ann: Kvanefjeld Project Public Consultation Update, page-13

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