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CMKX II new Thread. Get it while you CAN !
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[QUOTE]Originally posted by PAUL: [QB] Will, I would expect it to take MUCH longer this time to get the drilling going. The X factor would be "how long" does it take to get the permits. From the March 17, 2004 PR "Permission has been granted by the landowners to drill on the privately owned property in which no government permits are required. " From tonights PR "The company intends to immediately pursue the most obvious targets by drill testing as soon as permitting and logistics allow." From MARCH 19 Email A friend in the area that knows more about this than I do. This was a response to me asking him if CMKX could drill w/ out a permit. "However, they are correct that they can drill on private land without a government permit. Only the permission of the land owner is needed, a government permit is required for anything other than just a corehole drilling operation or if the exploration is on crown owned land." I am thining that from the PR tonight that the "most obvious targets" may be on "crown land". I am guessing that "crown land" is refering to government land. Thanks Jo-K for this info. Crown Land, the term used to describe land owned by the federal or provincial overnments. Authority for control of these public lands rests with the Crown, hence their name. Less than 11% of Canada's land is in private hands; 41% is federal crown land and 48% is provincial crown land. Anyone know how long it takes to get permission from the Canadian government to drill a core sample on their land? PAUL [QUOTE]Originally posted by will: [b]It looks like good 'longterm' news. It is the kind that I don't think will have an immediate impact on the PPS, but it does point to a substantial future. It could be years before the REAL value of the survey is known, and it is not known what the value is until it's drilled and sampled. When did sample drilling commence on the Carolyn Pipe, March? When were the results announced, June? [/b][/QUOTE] [This message has been edited by PAUL (edited June 25, 2004).] [/QB][/QUOTE]
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