IMO it is not a matter of if but when. Albanian gov. very very slow in issuing permits. Royal Dutch and it partner were delayed for over 3 months of waiting. We will get the permits probably sometime this summer and when mining begins we have a great stock which should reach $5 within 2 years.
I bought another 30K shares this a.m. at .369 I think it is a very positive move by the Pres. to reshuffle the cabinet as they have to clean up their act if they are to be accepted in the EU. I would still like to know what the "new law concerning mining companies" consist of. If you find out please let me know. Thanks,
Thanks for the link. Give me your thoughts on "the new law concerning foreign mining companies" as I was not aware. I was told a couple of weeks ago that a mining company had sued the Albanian govn. and was successful which does seem to be the case even though it is being appealed. Do you think with the shake up it will be easier for foreign mining companies to do business in Albania?
Great news !!! Just found out Prime Minister has fired the Minister of Natural Resourses and replaced with one of his own people. P.M. and Pres. were re elected just a couple of weeks ago. New Minister of Natural Resources will be sworn in Tuesday and after a couple of days in office our permit will be issued along with several other permits that had been held up. Just sit tight as I think you will see a nice upward movement in sp next week.
I usually don't respond to posters who are clueless but in your case I will. International Mediation Board has been sucessful many times in the past as a matter of fact 2 small mining companies have in the past used the Board to gain permits in Albania ( several years ago). Tirex would have every reason to file a complaint, as permits should have been issued back in Dec. of last year. Tirex has over 25 million dollars invested thus far in this project. Do you think a government after signing a Mining Contract can just hide their head in the sand and pretend they did not agree to a Mining Contract. You probably need to think before you post.,
Your nuts.a complaint on what grounds? taking longer than what the ceo suggested? IF the permits were rejected, officially delayed or changed.The company would have too disclose. You cant make a complaint on nothing . Have you taken the time to read your posts?