True North Gems Inc Message Board

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Gold/Mining/Energy : True North Gems Inc

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To: Martin Wormser who wrote (1001)	3/22/2010 10:21:22 PM
From: zebra4o1	Read Replies (1) of 1016

True North is definitely a frustrating company. The reason given for 'de-emphasizing' the emerald and sapphire projects was that the Greenland rubies would be so much more profitable. But they seem to be dead in the water in Greenland. We are left to guess what the problem in Greenland is: Permitting is stalled because of Greenland's odd government structure? They are not able to raise money to start mining? Just seems to be a giant disconnect between what they tell us about how rich the Greenland deposits are their inability to do anything. Anyway, I have resigned myself to just holding on to my shares for another year or two to see what happens.

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