InvestorsHub Logo
Followers 1
Posts 114
Boards Moderated 0
Alias Born 03/25/2024

Re: Implanting post# 19460

Monday, 07/08/2024 2:20:02 AM

Monday, July 08, 2024 2:20:02 AM

Post# of 20040
Yes, the mine will get the permit no doubt. It will be a massive driver of infrastructure, roads, jobs and so much more down the road. There could be new schools and hospitals built and anything really if they all can work together here. Like you said the permanent new road network is what the communities want and desperately need. Many communities (not just Cat Lake) have been reliant upon ice roads and air transport for supplies and food, both of which are very inconvenient, costly and also prone to accidents. Also, warmer winters make the ice roads very dangerous to use and not a viable long term solution for the FNs. That is why they need and want the roads so bad. This is where the parties will have to come to the table, agree on a plan and make it happen.
Regarding the timeline after final EA submission, it really depends upon negotiations and what kind of issue they still are going back and forth on with the government, but Steve said in the last "EA webinar" that he expects permits to be granted before the end of 2025. He said this estimate is just from benchmarking Springpole to the similar previous Hardrock project which he also permitted. I believe we are well positioned to receive the EA permit in Q4 2025 / Q1 2026. Lots of things can happen with Duparquet also before that so we are really now in the last phase of this very painful waiting period. Keith is looking after our interests you can be sure about that.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FFMGF News