InvestorsHub Logo
icon url

MT_Sailor

02/13/13 3:48 AM

#61502 RE: xdelivery21 #61501

You need to dig a little deeper into your research. During the permit hearings in August 2012 the BLM stated that they now longer have any objections to the mill. If there is still a C&D, it is not from the BLM.
icon url

sanbrunobaby

02/13/13 7:08 AM

#61506 RE: xdelivery21 #61501

Wait a second, the conditions to the permit require work and were issued so that eventually mill could operate- and obviously to meet conditions they have to do work.

IMO the issues are whether they have cash to complete work required, timetable for state to remove conditions and reverse the cease and desist order, and how on earth can all that be accomplished by september/october. It is extremely aggressive in my opinion for company to maintain its public projection of a start date in Septemer/October, however it certainly might be possible.Hard to judge due to limited information company releases.