Tuesday, November 02, 2010 5:31:06 AM
Email from Canstar's Investor Relations Person Karen Willoughby;
We feel that there is a good likelihood that the courts will take approximately 30 days to render its decision - if it is done sooner and Vinland has no further recourse, all the better for us. Regardless, as soon as the hearing has concluded and Canstar has received clear title to the Mary March property, it will go forward with its drilling plans, which would likely be implemented very early in the new year.
As soon as we have more information, we will update our shareholders. Thank you again for your patience in this drawn-out process - we are more convinced than ever that Canstar will prevail!
Best regards,
Karen Willoughby,
Manager, Corporate Affairs
Tel: 416-900-6656
TF: 1-866-936-6766
We feel that there is a good likelihood that the courts will take approximately 30 days to render its decision - if it is done sooner and Vinland has no further recourse, all the better for us. Regardless, as soon as the hearing has concluded and Canstar has received clear title to the Mary March property, it will go forward with its drilling plans, which would likely be implemented very early in the new year.
As soon as we have more information, we will update our shareholders. Thank you again for your patience in this drawn-out process - we are more convinced than ever that Canstar will prevail!
Best regards,
Karen Willoughby,
Manager, Corporate Affairs
Tel: 416-900-6656
TF: 1-866-936-6766
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