GREY:ESOFD - Post by User
Post by
infocountson May 08, 2013 9:56am
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Post# 21351518
Uranium in Quebec - good update article
Uranium in Quebec - good update article
Excerpt - from mining weekly.com article:
"Quebec-based uranium project developer Strateco Resources in April said it had started a series of legal actions against the province’s environmental agency to assert its uranium exploration rights.
"Strateco, which owns and was developing the Matoush uranium project located within the James Bay Cree Nation's reserve, said following a moratorium on the issuance of permits for uranium projects announced late in March by the Minister of Sustainable Development, Environment, Wildlife and Parks (MDDEP) Yves-François Blanchet, it had served the MDDEP with a notice for damages and interest set at an initial amount of $16-million.
"This sum represented the loss in the company's market capitalisation since the Minister’s announcement."