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15/07/21
17:41
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Originally posted by mickeebee:
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Punt? hmmm....better off playing roulette, all in on no 1 thanx! stick to facts: "Joint Review Panel report released; concluded that development of Riversdale Resources’ Grassy Mountain Project is not in the public interest ." - this decision wont be changed overnight....nor in months but years "The ongoing process of the Government of Alberta to develop a modern coal policy is set to provide greater clarity and certainty on the standards and expectations that the Elan Project must be designed to meet. " - this is "GOVERNMENTS" we're talking about. handles crack VERY VERY slowly.....policy isnt even developed!!! How do u expect to counter a decision when there isnt a policy to stand on?!! IMHO - this will drag with every MUG wanting their opinion. from greenies to natives, to fish & frogs in ponds, even the bears will get in on the action! add just the two above means this aint going anywhere fast - im a HFR holder, we waited 6 years just to get a simple mine permit approved....lived this pain.....saw a healthy $250M kitty get destroyed to almost naught! my fear is that this 100% gain from low is a simple P&D. Main holder(s) need to bail and save some face. 6m volume a day until, well, its all gone. then watch this tank due to bureaucratic incompetence! hope im wrong...great project otherwise....
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i'm holding for now, still got a smelly finger from recent <0.03c punt buy. wondering who's going to be buying 6m a day though? can't be all mug punters? can it? anyone know anyone who can post some broker data next week? gltah