After the bell today Ecometals (EC.v) came out with this PR that had a lot of words but for those of us that aren’t fooled by fluff can be simply translated as:
“We don’t have the drilling permit yet”.
However it did include this line, talking about the two bits of paper it needs to go forward with the drilling:
The final remaining Environmental Management Plan and Environmental License approvals are expected to be received this month.
So this humble corner of cyberspace is prepared to take bets on this one, folks. Considering the long history of bullshit that comes from this company I say that Ecometals will not receive the necessary permits from the govenment of Ecuador by the end of month and offer even money on the monetary sum of your choice. Any takers?