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Gabriel Resources Ltd V.GBU

Alternate Symbol(s):  GBRRF

Gabriel Resources Ltd. is a Canadian resource company. The Company's principal business consisted of exploration and development of the Rosia Montana gold and silver project in Romania. The Rosia Montana Project, one of the largest undeveloped gold deposits in Europe, is situated in the South Apuseni Mountains of Transylvania, Romania, an historic and prolific mining district. The Bucium exploration concession is located approximately five kilometers to the southeast of Rosia Montana in Western Transylvania and bordering the Rosia Montana exploitation permit. The exploitation license for the Rosia Montana Project is held by Rosia Montana Gold Corporation S.A., a Romanian company in which the Company owns an 80.69% equity interest, with the 19.31% balance held by Minvest Rosia Montana S.A., a Romanian state-owned mining company. Its subsidiaries include Gabriel Resources (Barbados) Ltd., Gabriel Resources (Netherlands) B.V., Gabriel Resources (Jersey) Ltd. and RM Gold (Services) Ltd.


TSXV:GBU - Post by User

Bullboard Posts
Post by pierre013on Sep 09, 2013 1:45pm
315 Views
Post# 21727315

What can we do about corrupted politicians like Romania ?

What can we do about corrupted politicians like Romania ?Romania is worst than some African countries. It's the same thing all over the world. People are mislead by some extreme ecologist groups who take advantage of their ignorance. They go to the streets and politicians s...t in their pants.Without mining, we would live like cavemen: no computers, no phones, no cars, no communications, nothing. The new process technology can neutralize the cyanide when needed and works most of the time in a closed circuit.
I come from Quebec and we get a similar situation for the shale gas and shale oil fields. There is hydraulic fracking in B.C., Alberta, Saskatchewan, all over the U.S. but here the government has put a moratory on it.
Nothing is perfect in our world, but people will have to face the reality; if mines cant be opened anywhere on the planet, the prices for commodities will go balistic.

For the share price,the reaction is exagerated by margin players. We were going out of the mud to fall in the sh..t tank.
Bullboard Posts