GREY:COLUF - Post by User
Comment by
BebeRebozoon Mar 02, 2010 5:54pm
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Post# 16835602
RE: RE: RE: 1/4 section
RE: RE: RE: 1/4 sectionWith these land rumours, I see another crazy trading day and halt coming, and then another nonsensical news release from CSI that makes us all roll our eyes. This is becoming quite the clown show - with CSI sitting there saying nothing, yet the entire market being kept abreast of what is happening via CSI's partner, albeit in a different language. Extremely silly situation, one of the weirdest I've seen in a long time.
I really don't know what to read into the press release you found hobo mentioning the 633 hectares, but to my knowledge the land CSI wants is actually owned by CVRD, not the government or COOMIGASP, so it is up to CSI and Vale to work out a deal and announce it. I am not sure what the government or COOMIGASP can announce or say here given the transaction is between two public companies, and they are on the outside looking in. But who knows - does anyone know - is there land in the area that the government can sell to CSI? Land that actually might have gold and PGM's on it? Anyone??