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Gold/Mining/Energy : Gabriel Resources GBU.to -- Ignore unavailable to you. Want to Upgrade?


To: seventh_son who wrote (13)7/7/2005 12:57:59 PM
From: Pintea  Read Replies (1) | Respond to of 21
 
I've seen the document on the RMGC (Rosia Montana Gold Corporation) site two day ago (http://www.rmgc.ro/Pdfs/comunicat_presa_05-07-2005EN.pdf). Now there are articles about this issue on a number of other sites (Reuters Canada and Resource Investor).

Gabriel does an intelligent move by moving offices to Bucharest. I still maintain the statement from my first post, that the the main obstacles against the Rosia Montana project are legal issues.

I cannot speculate at the moment if the current political situation will help them or not (the Romanian Government announced today that it intends to call early parliamentary elections because of a blocked reform of the justice system).