The board put the company on hold basically a shell company until the tin price increased. The board did not put the company into administration. If PALA is a Russian based outfit then I see why nothing is going down.
On last count late last year the board met to get things moving again but nothing happened. I think they were talking about doing some drilling as well.
Must be the Russian factor, I guess. the tin price has skyrocketed and banks would certainly finance this bankable operation.
KAS Price at posting:
1.5¢ Sentiment: None Disclosure: Held
