Replies to post #3889 on Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

"The Company will assign one third of the Eastern seaboard Tenement to its wholly owned subsidiary Grand Monarch Holdings Limited followed by a stock exchange agreement with Geominex Resources Limited, a UK private company, under which the Company will exchange 90% of Grand Monarch Holdings Limited for all of the issued and outstanding share capital of Geominex Resources. The Geominex Directors have estimated the value of their assets on a heavily discounted basis to be worth in the region of US$ 900 million."

[Howardhaftel]

They have not disclosed the results of their efforts as yet so those questions can't be answered as yet.

"Does anyone know if the "1/3 of the eastern tenement" is definitely land in the exploration lease applied for, or if it may be in the existing SEL?

Does anyone know when it would be reasonable to expect Empire to officially obtain or be rejected for the applied for lease?"