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North American Gem Inc V.NAG



TSXV:NAG - Post by User

North American Gem Inc > whooops
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Comment by HighTeston Apr 01, 2009 10:30pm
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Post# 15889953

RE: whooops

RE: whooopsSeems that the rental cost went form a buck an acre to a buck a hectare somewhere..... Hmmm

So would be around $567,000 per year, going by hectares.

However, the application still says a buck an acre, in which case, It would cost around $1.4 million per year in rental fees. I'm not sure that the changes to the regulations have been made official yet.

Getting all that land to lease would cost around $28 million.

https://www.er.gov.sk.ca/adx/aspx/adxGetMedia.aspx?DocID=10312,10311,10310,10306,3385,5460,2936,Documents&MediaID=24965&Filename=Application+For+Coal+Permit+-+Surveyed+Area.pdf

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