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EUROPEAN URANIUM RESOURCES LTD V.EUU

"European Uranium Resources Ltd is engaged in the identification, acquisition, exploration and, if warranted, development of mineral resource projects. Its projects are Kuriskova Uranium Deposit and Novoveska Huta uranium deposit."


TSXV:EUU - Post by User

Comment by GejzaMiazgaon Jan 19, 2015 3:09pm
88 Views
Post# 23336189

RE:RE:RE:RE:False hopes: EUU investors already immune, FTE ones not yet

RE:RE:RE:RE:False hopes: EUU investors already immune, FTE ones not yetltsagusher: I guess you don't have a degree in international law (correct me if I'm wrong). Me neither, so let's see what a MoU is:
https://en.wikipedia.org/wiki/Memorandum_of_understanding

"A memorandum of understanding (MoU) describes a bilateral or multilateral agreement between two or more parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement."

Pay attention to "do not imply a legal commitment". I wonder what kind of "various legal mechanisms and compensation" you mean? If you make wild claims like that on a public bulletin board you must be prepared to back them up with appropriate evidence :-)

FYI, T. Malatinsky - the man who signed the Memorandum in Dec 2012 - is no longer minister of economy. Officially he stepped down (unofficially he was kicked out of the government) sometime in mid-2014 and many people say that one of the things that broke his neck was his signature under the memorandum with EUU.

I admit that I don't quite understand why the FTE share price goes up - most likely the FTE shareholders do not have the experience of the EUU ones yet - the experience of waiting 10 long years, nothing happening and seeing their money vanishing into thin air (if you were able to see what kind of "cultural" and "sport" events Ludovika was desperately trying to sponsor here in Slovakia just to attract the locals and yet the opposition to uranium mining was only growing bigger, you would have sold your own stock long time ago)
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