AKM 5.56% 38.0¢ aspire mining limited

new mining laws in mongolia, page-3

  1. 1,045 Posts.
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    Hi Guys

    This has been talked about before it is to do with certain areas of the country hense the "Water and Forest Law". They are revoking licenses that effect wooded areas and river systems where it could be detrimental to the environment.

    "The list was drawn up in response to a law that would prohibit mineral exploration and mining in water basins and forest areas"
    http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=4033935

    This Does not effect AKM as we worked out last time, also if your not convinced have a look at the buy depths on AKM or XAM etc. Gold is the main commodity effected hear besides one or two other commodity miners. GL to all holders

    GB
 
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