Wednesday, December 03, 2008 4:15:40 PM
TSHL is conducting legal activity on the Private Claim. Matt met with the "claimant" and found that everything is in order for TSHL to mine the claim. The claim is outside of the wilderness preserve area, so there are no prohibitive issues with regard to mining that claim. TSHL is NOT required to file any paperwork of reporting with the BLM pertaining to the private claim and may mine all they want on that claim.
When time nears to expand the operation to BLM portions of the adjoining property(s), then reports, various impact studies and engineering reports must be filed with the BLM prior to issuing a permit. If, at that time, Tristar employs professional and capable consultants to draft those reports and surveys, then the permitting may be completed in 3-6 months. If TSHL employs lesser qualified professionals to conduct the reports and surveys, then the permitting could take a year or so.
In short, TSHL is good to go and has free reign to mine the private land associated with the Wickenburg claim, end of story.
Don't trade based on my comments. Meanwhile, got cabbage?...will trade.
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