By Steve Moore | Monday 21 October 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Ortac Resources (OTC) has announced the submission of a preliminary environmental report for a proposed application to mine from the existing underground development at its Šturec gold deposit in Slovakia. This follows an application for small-scale surface mining – which is currently going through the environmental consideration process – and their approvals would enable the company to extend the current 30th June 2014 expiration date on its underground and surface mining rights to the Kremnica mining licence area. So what does that mean?
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