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Re: makinezmoney post# 712

Tuesday, 11/15/2016 3:15:35 PM

Tuesday, November 15, 2016 3:15:35 PM

Post# of 1580
CanTung may be appreciating, but it has nothing to do with NATUF. It is now 100% owned by the NWT Government.

http://www.gov.nt.ca/newsroom/statement-cantung-mine-and-mactung-property

And CanTung is abandoned and being reclaimed by the Canadian Federal Government. It has no value since it has no reserves and massive environmental liabilities.

"The Cantung Mine has been abandoned by North American Tungsten Corporation Limited through an orderly process under the CCAA proceedings. The Supreme Court of British Columbia has issued an order enhancing the powers of the Monitor, extending the CCAA proceedings and requiring the Government of Canada to fund the Monitor.

The Government of Canada has also assumed responsibilities for the Cantung Mine under Chapter 6 of the Devolution Agreement."

Or is the government lying?