ETM 4.35% 2.2¢ energy transition minerals ltd

the announcement on the 12 of September by the government said...

  1. 98 Posts.
    the announcement on the 12 of September by the government said very clearly there is a zero tolerance to mining all radioactive minerals in Greenland.

    http://uk.nanoq.gl/Emner/News/News_from_Government/2010/09/Uran_no_tolerant.aspx

    or

    With t he recent media coverage of Greenland�s uranium policy, Naalakkersuisut (the Government of Greenland) would like to clarify that the current zero-tolerance policy regarding uranium will continue to apply.


    The press coverage seems to be related to the fact that on 9 September 2010 Naalakkersuisut approved a clarifying addition to the rules which regulate exploration for mineral resources.


    This clarification means that companies which have found and demarcated mineral resources containing radioactive elements can apply for a licence to prepare assessments of the environmental impact and social sustainability.


    In making this addition to the Standard Terms, Naalakkersuisut hopes to bring about more knowledge about the health and safety issues regarding radioactive elements in occurrences where the actual goal is other metals than the radioactive ones. This addition is in line with Naalakkersuisut�s ambition to secure more knowledge about the consequences of exploration and exploitation of radioactive elements.


    The addition to the rules explicitly states that a licence to complete such environmental impact assessments etc. does not give right to a license to explore for or exploit radioactive elements.


    Greenland�s uranium policy remains therefore unchanged and the zero tolerance for exploration and exploitation of radioactive elements continues intact.

    Now the stock goes up and up and GGG can't do a thing with the license until a unlikely change a government in what 3 years. Sure buy sure talk it up etc I don't care either way. Just be aware what the government stated.
 
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