A few minutes ago, GG bowed to the inevitable and announced
the withdrawal of its El Morro (GG 70%, NGD 30%) environmental impact study, due to the way it was chewed up and spat out by the Chilean Supreme Court a month ago. But here’s what GG CEO Chucky Chuck Chuckles Chunky Charles Jeannes said about the move:
“While we were disappointed with the final Chilean court ruling, it has afforded us a unique opportunity to challenge our previous assumptions within the context of evolving industry dynamics.”
You get that? Go on, read it again, it’s fun. No doubt in my mind that he was born to be a mining CEO.