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rocketeer357

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rocketeer357

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Saturday, 08/18/2007 12:17:06 AM

Saturday, August 18, 2007 12:17:06 AM

Post# of 35737
MUN.TO down 43.75% today. Looks like the permits for the Maoling project in China are dead in the water. For over 2 years the company has been trying to secure permits to continue mining the massive gold deposit.

Based on today's PR, the deal's over and the worst fears about dealing with China's ever-changing bureauracy have come true. Lesson learned the hard way: any delays, for any reason, are as red a flag as you need to see.
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