Reply to #8958867 from havoc141 "What ever happened to our Copper in Poland?"
Since the Polish government levied high taxes for metal mines in March 2012 (although it only concerns copper and silver ) investments in this sector don't pay off. There are two scenarios possible: 1. The taxes will be changed (there are efforts in this direction). 2. The licenses for borehole (and the results of the previous boreholes) will be sold to another company. The Polish miner KGHM Polska Miedz SA may be a potential buyer. Fortunately (for us), more than half of the polish company SKKGM, (subsidiary of Wolf Petrolium), has been taken over by Electrum Strategic Metals in march 2011, and now Electrum is trying to solve that problem.
WOF Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
