hellothe other minerals are interesting. Yes they are...

hello

the other minerals are interesting. Yes they are 'by-products' in the sense their value is lower than value which would hopefully be derived from U3O8 sale, but one cannot call them that due to current legislation.

To my best interpretation, the greenlandic mining act states that in order to go to an Exploitation Licence (Mining Lease in our terms) an economic (i.e. profitable) mine plan has to be presented to the BMP. Its approval, puruant to other regulatory bodies can only be granted if it provides an economic benefit to greenland and operates within the legislation. I cant get the sums to work for the non-uranium by-products.

I ran with this one as part of the U bull but now cant get excited about it when the $ value per tonne (even with U3O8). The uncertainty over legislation is a hard one for GGG at the momment to me. Economics I can ride with for a while and take a contrarian view.

Best of luck with the vote to all and in my opinion for the people of Greenland.

DC