OTCPK:NGMBF - Post by User
Comment by
Clemmie70on Aug 20, 2008 11:36am
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Post# 15397476
RE: RCisback
RE: RCisbackNo one is questioning if NAG or anyone else has paid for their permit apps. Paid permits apps are the least of the companies worries at this juncture. The problem that the Sask Gov is grappling with now is what to attach to the permits as minimum acceptable development for the first year PER PERMIT. So NAG may have paid for all their permits up front which is fantastic. Now NAG (and everyone else) has to determine if they can afford or even meet the requirements being set out by the Ministry. HT was right and they are throwing around a minimum of $50K per permit, not in stone yet, but that's one of the requirements.
A long row to hoe to say the least. NAG holder here, been one for awhile so this is not a bash, just a reality check. Have seen such letter first hand so I'm not taking anyones word for it. Inbox me an email address and I will forward what I have.
Cheers,
Scott