Universal Apparel and Textile Co. (DKGR)

[B_L_S_H]

Couple of ?'s:
1. Can someone explain the BLM permitting process, I've checked the BLM site and can't find a lot of specifics? How is the State Department involved?

2. The past two PR's contain, what I would interpret, as conflicting information.

Here is an excerpt from the one on 11/8:
"BLM PERMITS

Last week management was informed by Craig Parkinson, Drake's hired geologist, that the BLM permits have all been completed and the application has been sent to the state department. The approval process is normally 2-3 weeks but due to the relationship Dan Patch has with the BLM it is thought that it could be completed sooner. In addition, because existing work was performed on site years ago, the reclamation bond is expected to be much lower than expected allowing Drake to incur a lower capital expenditure."

Now, here is part of the one from this past Friday:
Drake Gold is still awaiting final approval of its BLM permits to begin operations. Unfortunately, this process has taken longer than expected due in part to the fact that the BLM has scheduled a geologist to visit and survey the Jackpot property in order to accurately assign a value to the reclamation bond. Once the BLM geologist has rendered his assessment and the permit is approved, operations are expected to begin.

We've gone from 2 - 3 weeks, to the need for a BLM geologist to come on site. Why have we gone from what appeared to be a mere formality a month ago to now the need for an onsite visit? I look at Friday's PR as not such a positive, but a lot of smoke being blown our way and then the real news, the BLM permit being delayed, kind of buried as an afterthought. You can attack me all you want, I don't see this as a big positive. If there are any mining experts out on this board, can you give us a quick and dirty synopsis of this permitting process? TIA