Over 15months without the license
Are we due or are we due?
This is bordering on the ludicrous, that a government, that claims it wants to attract foreign investment, for all intents and purposes, shuts down a gold company's operations for over 15 months!!
If this is going to happen every two years, this is not good news for foreign mining companies in China.
If the chinese don't get their act together, the only foreign companies they will attract, will be a select few, who will be able to absorb these governmental roadblocks without it affecting their share-price so heavily like it has for Mundoro's.
I still believe they will get the license, but we'd better see some proof of improvements in the Chinese bureacracy...