RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Set back i hope not!I've emailed the mgmt yesterday to maybe get an update on eventual updates. I found the one source I had that had led me to believe we'd see the ratified license in 2016:
https://business.financialpost.com/midas-letter/podcast-carpathian-gold-ceo-scott-moore-on-building-the-next-gold-mine-in-romania
Scott Moore had implied in June 2016 that they'd work on getting the ratification in the next 3-4 months. Obviously this did not happen, though in October 2016, they reiterated that the government had told them in no uncertain terms that they wanted us to get the license, else the NAMR never would have given us the prospecting license that the old mgmt team applied for in Feb 2016.
The current issues with the government sucks, at least in appearance. I don't think however, that this government will fall, and if anything, this event might serve as a good distraction to push other deals through. The decree this government tried to push through is foolish enough that it might very well have been planned to appear as such. I wouldn't say I'm not worried, but let's just sit back and wait for updated from mgmt.
This is taking, I believe, much longer than we all thought. Let's just hope it pays off. In the mean time, gold is going up nicely.