GREY:GLBCF - Post by User
Post by
Sh99999on Nov 05, 2016 7:47am
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Post# 25427474
It is their only one project and it is in Russia !!
It is their only one project and it is in Russia !! SEDAR MD&A 2016-08-18
FOR THE NINE MONTHS ENDED January 31, 2016
The Karakul Cobalt Project includes a subsoil licence issued to AltaiRudaMetall LLP (“RuMetall”), which permits exploration and extraction of copper-cobalt ore on the property. RuMetall is an indirect, whollyowned subsidiary of IMHL.
Project for a negotiated settlement to the 2013 Insolvency Proceedings. There is no assurance that IMHL will be successful in achieving any settlement. Accordingly, there is a risk that Global Cobalt will not earn any title, directly or indirectly, in the Karakul Cobalt Project.
very risky!!