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Pacific Wildcat Resources Corp PWCRF

Pacific Wildcat Resources Corp is engaged in the acquisition and development of mineral properties located in Africa. The company's projects are Marima Hill Project which is a world-class Niobium and Rare Earth Resource located in Kenya, and Muiane Project is located in Mozambique.


GREY:PWCRF - Post by User

Comment by rborhion Jul 11, 2018 11:42am
125 Views
Post# 28299948

RE:RE:RE:some info

RE:RE:RE:some infoWhy a no brainer?  The new government cancelled multiple licences around that time, allegations of bribes, a businessman killed, and in other similar situations where countries have unjustly taken away mineral rights from companies, the countries have been forced to pay bigtime.  PAW spent tens of millions on this project and followed the rules, only to have the licence taken away with no recourse?  Where does this kind of thing happen?  The lawyers for PAW are working on their own dime, and will only be paid if there's a settlement, would they take this risk if they didn't think there was a great chance of winning?  Would PAW executives have bothered to put in all the time and effort forcing this tribunal hearing if they knew they were in the wrong?  Nothing is for certain but if justice prevails PAW will win.
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