GREY:LEWCF - Post by User
Comment by
cabo1on Jul 22, 2011 2:00pm
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Post# 18862324
RE: Drilling program clarification
RE: Drilling program clarificationGood questions. Yes drilling will continue after the results area released and of course there will have to be additional funding as almost all funds raised in the flow thru had to be spent. As for the permiting, it remains open until year end but another area permit is being applied for which will be good for several years. Permiting this year in BC was a real disaster because of the court battle with FN and that coal company. The court ruled the permit invalid because the province screwed up which I assume will lead the company to take legal action against the province because they are out $$$. With the lastest news you have to assume raising funds will be a little easier because the resource is now better defined. Market for juniors is crap and I notice not many deals being done lately.