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Message: Any News on Foley Permit?

Goat
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Re: Any News on Foley Permit?

posted on May 23, 08 03:48PM

In my opinion, I cannot quote anybody, but Canadain law only allows for 50,000 litres of pumping water. By the grapevine I had heard that a company tried to pump illegally a great sum of water and was fined 2 million dollars. As a fact I had been informed that a permit 2 water permit, that is what it is called permit 2 is needed to pump water in great quantity. A number of hoops need to be jumped. One among many are the objections of the Canadian Indians, the first nations. In addition the environmental groups must be dealt with. If you don't believe me then look up the problems Canadian Zinc has had. As to geologists, IMHO, there are some who will fake their lab results. This is just informed opinion. IMO, the stock price shows fantastic value. IMO, the Az property is also very promising w/o the hurdles of Foley.

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