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Bullboard - Stock Discussion Forum Revett Minerals Inc RVM

NYSEAM:RVM - Post Discussion

Revett Minerals Inc > court hearing in US
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Post by tast22 on Jul 15, 2011 4:43pm

court hearing in US

If you wish to hear the court hearing regarding Fish and Wildlife Agency vs. Environmental Alliance go to RVM (not T.RVM) site. There is a link post by someone there.
   It is very interesting to hear the arguments. My feeling is that Revett may be required to purchase 500+  more acres of land BEFORE CONSTRUCTION can BEGIN on a mine. This may present a problem if this land is owed  by radical environmentalists. Right now the proposal states that this land MUST be purchased before the mine can go into PRODUCTION. I can only think that this land would have been purchased by now if Revett could acquire it. Money might ultimately talk!
Comment by mouserman on Jul 20, 2011 11:30pm
I dont see RVM spending a lot of money buying up land until they are assured the mine can go ahead without any more delays. And most of the lands around there are in the forestry ( govt ) ownership, if i am not mistaken.RVM  did buy out the Royalty for Rock Creek, so must be quite confident that it will go. I know Montana would like to see more business and tax revenue. Small group of ...more  
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