China Resources

[Tackler]

I liked what I read also except for this chart I messed up in my original post of the nr...

Summary of the current status of the permitting process for Jinshan's 217 project

 
  
 Permit/licence  Authority      Status 
  
 Exploration     Ministry of    Issued 
 licence         Land and 
                 Resources 
  
 Geological      Ministry of    Required 
 hazards         Land and 
                 Resources 
  
 Water and       Water          Commenced 
 soil            Conservation  
 conservation    Bureau 
  
 Environmental   Environmental  Commenced 
 impact          Protection 
 assessment      Bureau 
  
 Environmental   International  Commenced 
 and social  
 impact  
 assessment 
  
 Safety          Safety Bureau  Required 
 assessment 
  
 Resource        Ministry of    Commenced 
 verification    Land and   
                 Resources 
  
 Project         Development    Required 
 development     and Reform 
 approval        Commission 
  
 Land use rights Ministry of    Required 
                 Land and 
                 Resources 
  
 Mining lease    Ministry of    Follows 
                 Land and       other 
                 Resources      approvals 
 

Sounds like alot of red tape to get through. Maybe that along with market malaise has created the submarine effect.
Even IVN is showing signs of life.