GREY:PGDIF - Post by User
Comment by
Kidlapikon Jan 10, 2014 12:15pm
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Post# 22078405
RE:RE:RE:share price
RE:RE:RE:share priceIqaluit actually has quite a lot of infastructure and there is a lot of support from the Nunavut government for this project. It is in an area that is not greatly impactful to local harvesting, diamond mining is relatively environmentally friendly, the area needs jobs!
They will have to barge all the equipment up and store it which though a pain in the ass and a bit more costly is not un-managable. The main reason I got interested in this project was its proximity to Iqaluit and the positive reaction it receives from the Government.
All the well connected people of Iqaluit know Brooke and Tom from there frequent visits to the capital. My cousin even plays squash with Tom on occasion when he is in town and many people of Iqaluit/Nunavut are PGD shareholders which will pay off big time during the permitting process.
Nobody in Iqaluit wants to see this project sink.