GREY:AGMIF - Post Discussion
Post by
Troyahorse on Oct 06, 2016 3:44pm
Land Acquisition update - NR today
Not much advance really when you consider todays NR against their Sept Corporate Presentation
Han Ilhan, President & CEO commented, “I am extremely pleased with the progress Aldridge has made on the land acquisition since Q2 2016. At June 30, 2016, Aldridge had title to or right to access approximately 49% of the project area with no additional written commitments from landowners. Over the past three months, we have been able to increase this total to 90.7% including commitments. This is a tremendous achievement and demonstrates the strong support the Company has received from the vast majority of landowners. We look forward to continuing to advance the land acquisition towards completion over the coming months.”
Read more at https://www.stockhouse.com/news/press-releases/2016/10/06/aldridge-provides-land-acquisition-update#zZWdx3u6XHLh6dmZ.99
On their Sept Corporate Presentation Update they say:
At August 1, 2016 Aldridge had acquired title to or right to use approx. 50% of the required land
Including commitments, Aldridge reached 89.2% of the total required land at August 1, 2016
Could be a good reason why APMS investment fund is selling 9.1 M shares IMO
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