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Bullboard - Stock Discussion Forum St Augustine Gold and Copper Ltd T.SAU

Alternate Symbol(s):  RTLGF

St. Augustine Gold and Copper Limited is a Singapore-based mineral exploration company. The Company is focused on the King-King copper-gold project on the island Mindanao in the Philippines. The King-king tenement is comprised of approximately 184 mining claims that are owned by Nationwide Development Corporation (NADECOR). The Project is a copper-gold mineral reserve located at Sitio Gumayan... see more

TSX:SAU - Post Discussion

St Augustine Gold and Copper Ltd > Duterte lifts Casino ban !
View:
Post by GoldenIdle on Aug 29, 2021 8:46am

Duterte lifts Casino ban !

what do the environmentalists/ church have to say about this ? Jobs jobs jobs tax revenue tax revenue etc...


MANILA -- Philippine President Rodrigo Duterte said he will allow casinos on the resort island of Boracay in a policy reversal that opens the door for Macao's Galaxy Entertainment Group and local tycoon Andrew Tan to pursue integrated resort projects there.

In 2018, Duterte banned casinos from being built on the central island, famous for its white sand beaches, following a six-month closure and cleanup project. His decision stalled millions of dollars in potential investments, including Galaxy's project, which was worth as much as $500 million.

The president, however, made an about-face on Thursday, saying he needs funds to run a government grappling with pandemic-induced economic woes and rising COVID-19 cases.

Comment by RealityCheck123 on Aug 29, 2021 12:45pm
Is there a casino in Pantukan? 
Comment by shawshank2 on Aug 29, 2021 1:10pm
Old news dude and also who cares. This dog and pony show will go how it wants. May allow the mine to open or may not. I don't even think Villars care anymore when you start looking through financial statements ;)
Comment by GoldenIdle on Aug 29, 2021 6:26pm
Old news dated August 28 ? I find it encouraging because the government is actively opening the economy... lifting bans ... 
Comment by shawshank2 on Aug 30, 2021 10:33am
It's old news because it was reported he was planning on doing this in the spring. At least they actually followed through with something
Comment by GoldenIdle on Aug 31, 2021 8:31am
So your point is it's old news because they they had been planning on doing it and the President should be applauded for making it happen .  they call that talking out of both sides of your mouth.  Bottom line ... change is coming to the Philippines 
Comment by RealityCheck123 on Aug 31, 2021 1:05pm
Pretty sad when all you have to discuss is casinos, the church, open pit ban, politics and no relevant project specific details: feasibility study, economics, parterning interest, project setting, funding, etc.
Comment by shawshank2 on Aug 31, 2021 10:33pm
Dude it doesn't matter it's no relevant to mining lol. Talk about grasping at straws. I still don't get how this is staying at these levels. Congrats if you bought at .065
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