GGG 8.24% 7.8¢ greenland minerals limited

10 years?These guesses are getting longer everytime.Im not sure...

  1. nro
    653 Posts.
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    10 years?
    These guesses are getting longer everytime.Im not sure on that.
    Bluejay have 3 projects in Greenland.
    If they are pending after 2 years andhave only submitted a draft. Is that really a fair comparison with GGG thatshad a draft bouncing back and forth for years?
    The Dept released an expected timeline last year for approvals and had GGGdown for this year after receiving the EIA and SIA late last. Thats suggestivein its self of what the department feels and 5-10 years is a bit far beyondthat.

    Or look at the Ironbark project in this link.EIA and SIA minimum 8 weeks. Took a year from there.GGG submitted Sept last year. Year from there would be in line with suchexpectations published by GGG.
    Ironbark sp rose 2 times in the run up to theapproval being granted and x3 just after. Slide began well afterward given financeissues I believe (IBG holders here please correct me if I am wrong)
    So awaiting the licence to be issued first rather than well before and receivingthe string of successes via SIA and IBA etc as you go. I doubt will offeranyone substantial profits here either.

    https://naalakkersuisut.gl/en/Hearings/Hearing-Archive/2015/Ironbark_SIA_EIA_NSI
 
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