re: Ann: Temporary Demonstrations at Sihayo G... Further article from Business Spectator this morning. Indicates a meeting has been scheduled with locals and government which is positive (and to be expected).
Hopefully the overexaggeration displayed in yesterday's trading is reversed by the end of this week (particularly as I topped up some more yesterday). Expect some delays in timeframes as a result (maybe a month or so) but nothing catastrophic..
"Sihayo Gold Ltd advised at its 75% owned Sihayo Pungkut gold project in North Sumatra, Indonesia on May 29 a group of local demonstrators disrupted Sihayo's exploration camp. All company personnel are safe and uninjured. But despite local police presence the demonstrators have caused significant damage to the company's exploration camp.
A meeting with all stakeholders including representatives of Government Departments and relevant village heads has been scheduled.
The company believes the demonstration was provoked by a minority group of individuals who are participated in illegal mining activities within the company's COW."
re: Ann: Temporary Demonstrations at Sihayo G... Further article...
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