PEL 0.00% 1.7¢ pelican resources limited

Gains, page-5

  1. 91 Posts.
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    Dapper I completely agree with you. The CR is merely to keep directors in a job. The Philippines Govt have no desire to open up Romblon for mining. The initial granting of the License was done in a last minute act from the previous minister. The granting of this License was then revoked as it was considered unlawful. I too was a holder for many years living in the hope that it would eventuate. But then i made a conscience decision more based or morality that because of where the mine was and the delicate Eco-system that was going to be impacted by the mining of the Nickle it wasn't what I wanted to be associated with. Because of the Environmental Issues associated with this project I cant see it ever happening in addition the Catholic church are very much protesting to the commencement of the mine and because they the Catholic Church have such a profound say in these things that happen in the Philippines it just wont happen despite what directors think. The promise of riches from this 'flea bitten dog' as so aptly expressed by Dapper..are a long way of if they are relying on Romblon. This is just my opinion as i was a holder for nearly 8 years....
    Good luck to all that still hold!
    K.
 
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