OTCPK:IAUFF - Post by User
Comment by
b00gn1shon Jun 30, 2010 2:03pm
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Post# 17235213
RE: RE: RE: RE: RE: change of plans
RE: RE: RE: RE: RE: change of plansOK Thanks. I do recall seeing that previously now that you've jarred loose my memory.
Definitely would be a separate press release for the reclassification. Unclear how they would handle the news of exploration permit. I would assume the site visit happened, and they are waiting on the Forestry Department, but that's only an assumption on my part. I know some of Tujuh is in classified forestry zone and some is in a more lenient classification, but the way that is worded it sounds like they have halted all exploration completely. If that's the case, we should expect a PR when they start back up, like you said originally.
Good to see that they held Northern Star's feet to the flame and extracted some more concessions on the sale of Paulsons in the form of sweeteners. Much better deal now than it was originally.