It would be very stupid to invest in new shares and in Kuusamo for the mine of fool´s gold,
a gold resource which will not be mined.
The investment is not in mining
but
it would be in Delroy´s social engineering project doomed to fail
despite of money spend in lobbying and major lobbyist Jussi Lähde.
Lähde is a key person who would be getting plenty of Performance Rights.
It was very bad vote in DCX. Apparently "Rusty" Delroy called the biggest holders.
The message was, that there are environmental problems with Kuusamo mine?
But these are workable.
And he knows, that social and environmental issues are not workable.
The position of city of Kuusamo is definitive no to his project in the core region of its travel industry,
called "the Duck". This has been explained by the boss of the city government:
https://hotcopper.com.au/threads/kuusamo-gold-to-rest-in-peace-says-city-of-kuusamo.8023679/
More details about the well organized resistance of the local people and industries
are here:
https://hotcopper.com.au/threads/duck-kuusamo-and-pro-kuusamo-against-juomasuo-and-other-mine-plans.8006970/
According current revised version of the mining law, a land plan by the city is required.
There is an old mine district markings on the land plan, but these are not enough for a mine,
and even the outdating mining right is legally heavily contested.
The Greater Duchess would be quite likely mined but not Juomasuo or "K camp" of Latitude.
There is true value of DCX, Kuusamo is not investable
https://hotcopper.com.au/threads/sharevalue-25-cents-based-on-greater-duchess-to-be-given-away.7952930/
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It would be very stupid to invest in new shares and in Kuusamo...
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