I do believe the renewal of the operating license at Didipio is...

I do believe the renewal of the operating license at Didipio is in the bag and coming soon for the following reasons:

-This is the first time where the company said that FTAA has the support of ——LOCAL ——in addition to the National governments

- The use of word RE-ENDORSED to the office of the president

I believe a lot has been done behind the closed doors to get the support of local government and other parties and as a result the initial application is not completed after some adjustments to address the concerns of other parties.

The fact that a year passed , the company announcing that the licence renewal application is at the president office and yet the big boys kept the share price in the green, it meant one thing they were expecting the license renewal soon.

Watch the reaction on the Canadian market tonight of more than 5 percent and you will appreciate what I am saying.

I have taken a huge position over the last two weeks and will keep accumulating

Of course my thoughts only and not an advice

Cheers and all the best, Sydney