GREY:BNCIF - Post by User
Post by
goofenoffon Jan 30, 2015 8:58am
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Post# 23381085
No word on reactivating the permits promised 6 mth ago?
No word on reactivating the permits promised 6 mth ago?I expected reactivation of permits to be the NR instead dilution to the tune of over 12 Million shares for a measly $250,000 just to keep the company and Spiro Kletas paycheck going. That is a huge kick at every shareholder!!
From Aug 25th NR:
"Vancouver, B.C., August 25, 2014 / BIG NORTH GRAPHITE CORP. (TSX-V: NRT) (OTC : BNCIF) (the”Company” or “Big North“), announces that the Company has engaged Gestion Ambiental Omega, SC as Permitting Consultants to reactivate all permits required to re-start the El Tejon Flake Graphite Mine and Mill in Oaxaca, Mexico. Gestion Ambiental Omega SC expects to have all permits in place in approximately 6 months."
I guess the JV agreement stopped everything except the money flow.
A 2 cent SP will be the normal for some time to come.