Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
As far as I can make out applying for a Mining lease which is a application to extract minerals goes through these stages ..submit application at District Office which is then recorded on a priority Register..Publication in the Gazette which allows 21 days for anyone to submit any concerns ( Mr 008 is at the front just behind Orca the whale blubbing away )..the commission then considers Application which then goes before the government minister to makes his decision. Applicants are then notified of the status of the application..going by guidelines roughly 152 days which is just about where we are but obviously dependent on any issues raised ( hopefully not BO ones )
Exactly that and Solgold does not have that depth of management and would be well out of their comfort zone which ultimately would more than likely create bigger headaches than most could ever imagine..stick to what you are good at and move over please Solg
Morning Q ..I accept where you are coming from but I and many others see it from a completely different angle but ultimately when it is fundamentally accepted in the mining industry that explorers cannot just all of a sudden become producers particularly with a project the size of what Solgold has and just saying that we can get the expertise in will not cut it..we have not got the history , culture , skillset to take it on ..imo
I think you could make that argument with any company Mr008 ..do you go and post that on every message board..if any major institutional shareholders sell their shares then the company's shares you are invested in will continue to slowly decline ! No sh*t Sherlock I think you are a genius . Thank you for your invaluable and articulate insight .
Going back to their claims that and I quote ' payments and the promise of a royalty potentially worth tens of millions '
Well thus far ALL have given Joy Transporters 2 , 360 , 035 shares with a value at the time circa 280k ..in addition a net smelter agreement of 2.5% which is not unusual in the mining industry..given they are a country mile from proving up anything in that area I think the payment and promise of millions is a little far fetched to say the very least !!