more bad news from romblon, page-2

Chuck,
Thanks for that update, do you still hold any PEL?
I contacted the company and this is the response i received back..................

"Based on information received to date, it has no reason to believe that the Mineral Processing Sharing Agreement (MPSA) issued by the Department of Environment and Natural Resources (DENR) relating to Pelican?s Romblon Nickel project is not valid.".................

It would appear from what you have now posted that the company is so far removed from the realty of the situation that it is scary!!!
I think i would be best served in quitting my holding asap at a substantial loss which in fact is probably not as bad if i hold them until they are totally worthless?
They (Pelican) have really done stuff all to finalise this issue one way or the other but instead have had their shareholders left in limbo.
Regards,
Dapper