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Gabriel Resources Ltd V.GBU

Alternate Symbol(s):  GBRRF

Gabriel Resources Ltd. is a Canadian resource company. The Company's principal business consisted of exploration and development of the Rosia Montana gold and silver project in Romania. The Rosia Montana Project, one of the largest undeveloped gold deposits in Europe, is situated in the South Apuseni Mountains of Transylvania, Romania, an historic and prolific mining district. The Bucium exploration concession is located approximately five kilometers to the southeast of Rosia Montana in Western Transylvania and bordering the Rosia Montana exploitation permit. The exploitation license for the Rosia Montana Project is held by Rosia Montana Gold Corporation S.A., a Romanian company in which the Company owns an 80.69% equity interest, with the 19.31% balance held by Minvest Rosia Montana S.A., a Romanian state-owned mining company. Its subsidiaries include Gabriel Resources (Barbados) Ltd., Gabriel Resources (Netherlands) B.V., Gabriel Resources (Jersey) Ltd. and RM Gold (Services) Ltd.


TSXV:GBU - Post by User

Comment by astonbayon Feb 19, 2024 8:07am
213 Views
Post# 35887351

RE:RE:RE:RE:RE:Romanian Senator Expects to Pay $3.8 billion to GBU

RE:RE:RE:RE:RE:Romanian Senator Expects to Pay $3.8 billion to GBU Translate this Romanian article and give it a read.
https://www.libertatea.ro/stiri/ce-se-intampla-daca-romania-pierde-procesele-cu-rosia-montana-si-pfizer-economistii-spun-ca-nota-de-plata-se-va-transforma-in-cresteri-de-taxe-suntem-captivi-intr-un-stat-esuat-4802272

Romania's a stable country and can definitely borrow a few billion easily. They will then likely raise taxes on their citizens. Romania is going to pay one way or another
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