Keep the faith long-term holders. should see Lubos unwinding some of his shorts on OTC, over the coming months , which should see this gap up :)
Translation not perfect but you get the idea.
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(19. May 2016) Representatives of civic associations and town kremnica attended as in northern extraction of hearings on the county courthouse in Banska Bystrica. Judgement in case our actions will be announced on June 15. th. In the corridors of court we could observe the friendly conversation between the president of the master of the mining office p. Kúkelčíkom and counsel mining company ortac p. Ivan. There is no doubt that the mining office in this country will always be independently represent the interests of the state and the general public...
Kremnica beyond gold June 22 at 2:34pm · Plaintiff oz kremnica over gold along with city kremnica (and faces) parties we summoned to court, on 23.6.2016 at 10.00 h. The Regional Court in bb against a defendant to the district office zh, department of environmental care in case review their decision to intention ortac company that wishes to mine gold in kremnica šturca in area. ... While The East Slovakia....
Todays outcome was the final hurdle, i don't see anymore - Court judgements against OTC from Kremnica (Lubos) on the cards - its been played to death.
Ive always said that the silent majority were in fav - it was the hardlined minority headed by Lubos that caused the problems. Lets work together and do some real work people. Lubos you must be mad as fu8 k today.
At the hight of Kremnica... must of been +5 years now.... OTC was at +2p, been shorted all the way - predominantly by the hardliners. (please read above posts - newbies to OTC), no reason why OTC with the amalgamations / partnerships of other assets in recent years shareholders of OTC can't realise +1p on this surface mining asset alone.
Well it is great to hear this news and it certainly sounds as if, far from giving up, we've still got chances to progress this mine.
If these rulings had not been upheld against the appeals we surely would have been looking at the wrong end of a barrel about to be blown out of Slovakia. Reckon this news today could well be the turning point in this saga with definitely more chance now of starting mining one day.
We do need the locals on board and there has always been some vociferous opposition. Perhaps we are winning the environmental argument and may win the employment argument.
Had a limit order in place to offload these, was getting tad impatient with lack of news from the company. Been on nights so didn't see any news today as asleep, auto sold out at 0.041 for a 20% profit. Happy to move these funds to more exciting prospects. Hope this all goes well for you all, wish you all the best
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