RE:RE:Mongolian Tax IssueI don't think the GoM have any chance of receiving this $950k tax grab. No legitimate legal grounds and a futile attempt imo. It is however, a pain in the neck for managment to have to allocate their time and some legal cost to fight it off. Things that are all better served on NSW right now.
It does make me happy that we are no longer operating first-hand in Mongolia for these exact types of reasons. Just look at the history of BS Rio Tinto has gone through with GoM over the years.
The somewhat soft initial drill results weren't enough to overshadow the tax threat news for some small investors on the day. Looking forward to deeper hole results and further assays sooner than later...the current $08 - $0.85 stock price (pre-1:3 split) is a sad place to lie.