IMO, the GoG and the powers that be in the establishment have always been a thorn in the side for GGG, and also you have the NGO's stirring up trouble on the sidelines when it suits them - this was the main reason I decided to bail and watch proceedings from the sidelines until if and when this whole mining license debacle finally gets sorted out!
I've also been heavily invested in IBG since the early days and realize how long these regulatory things take and they are only mining for Zinc/Lead which doesn't attract the same attention from the Greenies - only now is IBG starting to gain some traction after having all the necessary GoG approvals in place and sorting out their own internal management problems.
IBG finally looks to be a goer with a lot more attention in the media of late in regards to financing etc and is currently in a T/H pending an announcement which I hope will get the SP up and running again after years in the doldrums! - I realize that it's difficult to make comparisons with the individual projects other than they both operate within the same mining jurisdiction.
I still hope that common sense will prevail with the Greenland Authorities and the Kvanefjeld project will finally see the light of day!
GLTAH
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GGG Price at posting:
27.5¢ Sentiment: Hold Disclosure: Not Held
