The final Permits will never be obtain/issued as it would...

  1. 78 Posts.
    The final Permits will never be obtain/issued as it would trigger payment to "first nations"; a money that Coalspur does not have, and never will under current management.
    Nobody in sane mind is going to fund company run by incompetent CEO and management (don't blame coal).

    They will be lucky if somebody will buy/takeover this company at cost.
    Maybe some other Japanese firm will put an offer such as from recent news:
    http://www.reuters.com/article/2014/06/27/japan-sojitz-coal-idUSL4N0P716J20140627

    "Japan's Sojitz Corp is in talks with a coal mine developer in Australia to buy an undeveloped asset as the mid-sized trading house looks to replace its Minerva mine whose life is due to end in 2019, a company official said."
 
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