Thanks for posting that article. I thought it shed a lot of light on what is going on with the Cat Lake saga. Although there were portions of the article that weren't wildly bullish, the part where the Chief made mention that they weren't against the mine IMO was a very good sign for us.
I have some additional news. I spoke with Paul just now and forwarded him your article. I asked him to call me AFTER he read it, so I could bounce some questions off him concerning the article. When he called, he told me the Chief in the article was at the FMG booth at PDAC with Dan on Tuesday. I could only guess if he was at the Conference he wasn't too pissed off. LOL
Paul told me he was getting a feel for what's going on in the mining industry. Some male bonding should go a long way in moving the mine forward.
The article stated that the Ontario government gave FMG the permitting to build the ice road to the mine site WITHOUT the knowledge and consent of Cat Lake. I asked Paul about it and he said in no uncertain terms that was untrue. He told me they were notified. My guess is they didn't want it built without their final blessing to do so and the Judge agreed with them. Paul told me the mine will be approved. They want a road to be built for them to get out of Cat Lake and if they get that their approval should be given. I think this will be more likely to happen as we get closer to getting final permitting from the government.
Paul told me we don't have to have the Cat Lake approval to build the mine, government approval is necessary to have. Cat Lake is aware of this fact, so what usually happens is when the government gives their approval the indigenous communities will fall in line.
This is not financial advice, but I did ask Paul about the Treasury warrants and he told me they expired worthless, so there would be no tax write off for them. I suspected that was the case.
I'll comment on a few of the other things I asked Paul as my time permits.
