TSXV:AZC.P - Post by User
Post by
amateurhouron Nov 20, 2013 10:57pm
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Post# 21925675
first time seeing this company.
first time seeing this company.problems:
1. financing (seems like they sorted that out today)
2. the EPA issue today.
however upon reading the statement the words that struck me were:
"should not be permitted as proposed."
What I take from that is that if they changed their proposal they would be fine. Given that I haven't been watching this company for longer than..today... The CEO's comments that the EPA has done this before sounds like there's some bad blood between the two. This comment is synonymous with Gabriel resources earlier this year when the Prime Minister - in a off-hand comment - said that the biggest gold mine in Europe would not happen. The share price made a similar drop. Given the time and resources that this company has invested into this I really doubt they'll let this slide. I feel bad for the shareholders prior to this as one stupid report like this can tank so much money from your holdings.