Post by
Acre10 on Jun 04, 2021 10:26am
June Permit
It's June now and we've been hearing about this permit for 6 months. If this company can land this permit as forecasted this stock is lights out.
I think 1 in every 3000 assets get permitted for mining operations and these guys pull it off I wouldn;t be suprised if its an instant take-out target.
Comment by
Beluga2020 on Jun 07, 2021 5:46pm
To my understanding it is not a new permit. It is an amendment to the permit issued to the previous owners. Slam dunk in my opinion. The risk is with the future permit to significantly increase production, but that is years away.
Comment by
techguy12 on Jun 08, 2021 10:06am
That's my understanding as well and based on the news today it looks like they're well in order to receive that permit ammendment. Can't recall the last time I witnessed a Gold mine in Canada push a permit passed the finish line. Well done $GMTN team.