The generally perceived un-favourable political and local government environment in Kerala has led to the State not being an active mineral producer since 1965
Iron Ore Hill is located at Kakkur Village and 35 kilometres from a major city (Kollam) and very near to the Arabian Sea, including the major commerce Port of Kollum.
.............................etcKarnataka and Goa – Pursuing the evaluation and securing of option agreements over 2 additional major Iron Ore resources one in each State of Karnataka and Goa.
Guess some folks have been reading CommodityOnline.com and paying some attention to their report on the Indian Parliament..."NEW DELHI (CommodityOnline.com) -- The Government has approved the new National Mineral Policy - the highlight of which is the proposal to set up a Mining Administrative Appellate Tribunal."
Currently investors from the UK are currently being briefed. My earlier post asked for some response from our UK investors. Hopefully they will reply to this forum.
Cheers
Drubs
I rang NSL on friday but could not get to speak to anyone about possible announcement.
Did not get a chance today to call.
Where is this announcement?
Not much movement / volume of late - everyone seems to be set.
Let's assume it is this week sometime?
Yes, I now suspect an announcement will follow either late this week or early next week.
The guy from NSL has been on leave and just returned to duty today I hear.
The news will either be good, bad, or neutral I guess???
No ramping or no short priming here.
Why do we have the continual referral to "dentists". Maybe the original pursuit of the company was medical but please treat it as a serious prospecting company. Nobody is screwing your arm to hold the shares, if you are scared of the dentist just look after your teeth and you won't have to go there. Remember though that dentists are experts at drilling and finding what lies below.The dentists have been slowly slipping in price (2.1 cents yesterday).
I think it's time for announcement boys!!:sleeping:
Why do we have the continual referral to "dentists". Maybe the original pursuit of the company was medical but please treat it as a serious prospecting company. Nobody is screwing your arm to hold the shares, if you are scared of the dentist just look after your teeth and you won't have to go there. Remember though that dentists are experts at drilling and finding what lies below.
Puzzling sale after 4.00pm today.
Is it a deliberate sell down or someone who has become impatient.
Time will tell I suppose.
Drubs.
Most likely they were impatient... 13 trades today worth approx $25k. Nothing to be concerned about.
Although, it's looking as if April will be the month for the release date for pending announcement
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