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Gold/Mining/Energy : PAW - Pacific Wildcat Resources Corp -- Ignore unavailable to you. Want to Upgrade?

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Diamonds & Specialty Minerals Summary for Mar. 18, 2015 2015-03-18 18:25 ET - Market Summary by Will Purcell Don O'Sullivan's Pacific Wildcat Resources Corp. (PAW), unchanged at 2.5 cents on 498,000 shares, says it expects a Kenyan court will render a verdict on March 20, regarding the company's attempt to thwart the Kenyan government's revocation of Pacific's mining licence for a large and rich rare earth deposit at Mrima Hill. This would be the same decision the court promised for March 6. (That hearing "proceeded to completion" and was "adjourned to a date to be advised" -- an incongruity that might make sense to lawyers but was just another disappointment for worried shareholders.) Pacific Wildcat has invested several million dollars in acquiring and exploring Mrima Hill since 2010 and it has been fighting the revocation for nearly two years. The Kenyan government says it revoked the licence because it was awarded improperly, but there have been whispers that the move was the result of a failed shakedown by Kenyan bureaucrats, once the extent of the resource became known. Mrima Hill hosts 50 million tonnes indicated and 110 million inferred, averaging 3.6 per cent total rare earth oxides and 0.7 per cent niobium pentoxide.