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LouisDesyjr

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LouisDesyjr

Re: phantom4 post# 198

Monday, 07/27/2015 3:10:52 PM

Monday, July 27, 2015 3:10:52 PM

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Mine approval

The mine has 'almost been approved' for years. Even if my some miracle the mine got approved today, they do not have the resources to develop it, and now with oil prices down they are losing money every quarter.

Oil and gas revenue is only a few million per quarter and down, even in term of BOE by a large percentage.

They should just sell everything off to another company that has the resources to properly develop the mine and oil rights.

Louis J. Desy Jr.
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