Government To Deny Explotation License in Paramo de Santurbán
Sources at the Environment Ministry closely involved in the approval process for the environmental permit for the mining megaproject at the páramo de Santurbán in Santander (region) confirmed to RCN La Radio that the permit for the exploitation for gold and silver will be denied to the Canadian company, Greystar (GSL.to).
The information obtained comes four days before the last public audience regarding the environmental impact study for the project under the control of Greystar. CONTINUES HERE
“…I wonder how Nicholas CampbellSoup over at the Can of Corn will feeling about this news out of Colombia? After all, he’s the dude that reiterated his spec buy on GSL with a $9 price target…..on November 19th….when the stock was at $5.19….and now it’s going under $4…..you have a nice day too, Soupy.
Disclosure: no position in GSL.to ( because I may be slow but I ain’t stupid)”