Environmental Permit
I am beginning to suspect that environmental assessment & permitting might be putting a lid on GENMF. The Pic River looks to be less than a mile from the mine site on maps. Nothing can be assumed until they have full approval. I'm not aware of any potential problem with leakage, seepage, or runoff, but I was expecting a gap up on the 80% ownership. We are guaranteed either $135 million or capturing a 60% increase in value of our share of a $12 billion gross profit mine. A potential road block due to environmental concerns is the only reason I can think of why we are not at $0.60-80 USD. Perhaps, it will take time to gestate the good news, but a 3 cent increase on spectacular news is less than inspiring.