RE:Tunnel TruthWell said.
Credit where credit is due.
cskhurasu wrote: The ability of this site to confuse the truth is amazing. Let's try this one more time.
1. Several months ago Tudor filed an application with the BC regulators to cancel certain approvals SEA has in place to build the MTT. These permits give SEA the authorization to construct tunnel portals on TUD claims.
2. SEA opposed their application.
3. The regulators responded that the approvals granted to SEA were valid and rejected the request by Tudor to cancel them.
4. The regulators also confirmed that any future authorizations must continue to take into account rights held by third parties such, as their original approvals did. SEA's release confirmed this point.
5. Tudor only holds surface exploration rights. TUD does not hold any mining rights.
6. The authorizations granted to SEA do not interfere with TUD’s exploration rights which is why they were granted.
7. If TUD actually held a Mining Permit (vs an exploration permit), the MTT could impact TUD’s ability to mine and the regulators would have to consider TUD’s mining plans.
8. To get a Mining Permit, Tudor needs to complete the environmental assessment and then apply. This is likely an 8-10 year process, assuming TUD can develop an economic and environmentally viable design.
This will be decided by the regulators in due time. Until then, you can say whatever you want.