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Re: FTMan post# 933

Tuesday, 01/07/2020 5:10:12 PM

Tuesday, January 07, 2020 5:10:12 PM

Post# of 1580
No, the Federal Government has taken over CanTung. NATUF no longer has it, and it cannot be reopened as it is being remediated and reclaimed. The remaining reserves could be sold, but there have been no takers for the 5 years they have been trying. And any money from any sale, however unlikely, would go to the Federal Government first, then the other long list of creditors, not NATUF.

It is over for CanTung. MacTung may represent the future, but NATUF no longer has any interest in that, either.

All NATUF has now is massive amounts of unpaid debt.