So, OTC seems to be a long winded affair - with many players involved in the process - here are some of the key players
Mr Anthony Balme - Executive Chairman Ortac Resources Mr Viktor Pomichal - Managing Director, Slovakia, Ortac Resources Mr Charles Wood - Ortac Mr Vassilios Carellas - Ortac - Chief Executive Officer Owen Mihalop - Ortac - Technical Director
Mr John Aston - Managing Director/ Astoneco Management -
Mrs Zuzana Balážová - Kremnica Mayor
Local Citizens -
So let's see if the Ortac 'Hoffman Brothers team' can persuade the Mayor & Citizens of their sensitive environmental credentials going forward - and that it will be good for jobs, tourism & everything else & that by the way shareholders are not a major ingedient, just a necessary evil, way off in the back ground.
There is plenty of Gold in the ground - the only question is - will a way be found to allow Orttac to extract it or not?
And this is why: after conversation yesterday Asteneco is pretty much redundant and all bets are with the new director from the region. The mayor as we all know has deep rooted trust issues, interims out in august and pointless going for licence whilst this resistance persists. New avenues are being explored but the outcome is unknown. It will be a long drawn battle which clearly I have decided not to sit out having been burned on angel mining. Good luck to you all and I will spend my recouped losses on a holiday and enjoy life. The markets will never get another penny out of me up to a time when they seriously clean up which of course will never happen.
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