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Strateco Resources Inc SRSIF

Strateco Resources Inc. is a mining company. The Company is engaged in uranium exploration and development. The Company's Matoush project is located in the Otish Mountains of northern Quebec, approximately 275 kilometers north of Chibougamau and over 210 kilometers northeast of Mistissini. The Matoush project consists of the Matoush, Matoush Extension and Eclat properties, as well as the Pacific-Bay-Matoush property. The Matoush project comprises approximately 590 claims covering a total area of over 31,195 hectares. The Matoush property is located approximately 275 kilometers north of Chibougamau in the Otish Mountains of northern Quebec, Canada. The Eclat property is located in the Otish Mountains of northern Quebec, immediately south of the Matoush property. The Matoush Extension property is located north, west and east of the Matoush property in the Otish Mountains, in Northern Quebec. The Pacific-Bay Matoush Property is located in the Otish Mountains in northern Quebec.


GREY:SRSIF - Post by User

Bullboard Posts
Comment by marxisteon Jun 18, 2015 10:33pm
84 Views
Post# 23847098

RE:RE:RE:RE:Reunion du 17

RE:RE:RE:RE:Reunion du 17
It is a good question, is the permit can be given as we are in a situation of expropriation, dispossession, according to the art. 82 of the Mining law, because the activities of the company are stopped since more than six month following a government decision, and as money has disappeared...  Guy Hébert told that the damages is done, we are out of the possibility to resume the exploration and mining activities so the government should pay the damage to investors.  Lawyer told he's very confident to win.  Maybe you are right Bronsko about 52 cents per share as a minimum, M. Hébert gave another minimum just on art 82 alone, but anyway what will be paid by the gov. will be negociated and i don't know but if QC governement seems compliant as told M. Hébert, it is not impossible that we get around the 190 millions... and near at least 60 cents / share...  The reasonable point is that governement must do something to  help to reassure about its ability to repair his mistakes in relation to investment projects...

It is also possible that RSC return on another negociation platform linked to TMX. Some shareholders told that they are tired to see the shares negociated and only hope to change their shares for cash... 
Bullboard Posts