Galantas Gold Share Discussion Threads

[boilandgas] 19/2/2018 08:23

I found this posted on another Bulletin Board almost implying further hurdles at the Supreme Court even if we jump this hurdle

Judicial Review
25 Jan '18
The following is now circulating on social media,

It has been reported widely that the Judicial Review in the high court in 2017, of the decision to grant planning permission for underground mining at Cavanacaw by the DOE, (now the Department for infrastructure) had been unsuccessful, however outstanding issues remain.

Although the Judge so far has decided not to quash the planning permission, she did confirm that the removal of a vast quantity of rock by up to 145 trucks per day on country roads in 2008 which devastated local residents was indeed unlawful, concurring with what the Ombudsman had found in 2012. The Ombudsman confirmed that the Department in respect of rock removal had: £failed to take appropriate timely enforcement action£ and concluded that the Department had demonstrated £a complete failure to protect the public interest£. In her Judgement the judge concurred with the Ombudsman confirming that £this activity amounted to unlawful EIA development£, finally putting to rest 10 years of claims by certain goldminers that this activity had been lawful.

The efforts of a small number of residents determined not to be walked over by a mining company would appear to have been hugely successful:

£ Truck numbers leaving the mine, at one time up to 145 per day on any road they chose, have been reduced to 9 per day on an agreed route.
£ No trucks will be permitted at weekends, or before 9am weekdays to protect school children.
£ Blasting velocity limits have been reduced from 10mm/second as applied for to 6mm/second, thereby reducing the level of noise and vibration experienced by people living close to the mine.

With regard to the underground mine approval going forward there are as yet unresolved procedural issues concerning environmental regulation and the approved area of the site, which will need be dealt with at the Court of Appeal in Belfast in February. Simply put, we cannot allow a situation where a planning authority can grant planning permission for mine sites far larger than were applied for or properly assessed for environmental impacts. If we are to have a goldmining industry then it needs to be a goldmining industry which is properly regulated by a planning authority fit for purpose.

Legal benchmarks set at Cavanacaw have the potential to affect a great many people in this country as well as impact on the environment. Prospecting licences for precious metals have now been issued covering large swathes of the province, with further applications for gold mining almost inevitable. These are now matters of national importance which must be ironed out, hopefully in Belfast next month avoiding the need to involve the Supreme Court in London, where currently some other Northern Ireland environmental disputes seem to be heading

[nobbygnome] 16/2/2018 07:21

So yes I was wrong that we might get the decision there and then. What a ridiculous long drawn out affair it has been.

Nobby

[panagos] 16/2/2018 07:16

Outcome date unknown.
more waiting it seems.

[panagos] 15/2/2018 12:32

I guess dear old Market Monkeys know better.

But I can really see this trading at 30p within a year or two.

[nobbygnome] 15/2/2018 12:25

The announcement says 'may continue on February 16th'. Don't forget this is just the hearing to grant an appeal or not and if the former and if it is relatively simple, that appeal can be heard immediately hence why it may continue tomorrow.

My understanding is that there is a good chance we will get a result either today or tomorrow unless someone who is familiar with the legal process knows better.

Nobby

[panagos] 15/2/2018 12:21

I don't think we will have news tomorrow.

It says from 16th February.

That means onwards.

Will be glad to be proved wrong.

[nobbygnome] 15/2/2018 11:28

I wonder if we could hear today that the case is dismissed! I am surprised they haven't suspended the share price as last time.

[doobydave] 14/2/2018 21:49

Nobby, what you're observing is a collective breath-hold. Usually silent affairs until safe to exhale again... ;)

[panagos] 14/2/2018 10:54

Market discounts another delay?

BTW price needs to fall another 0.25p to fill the gap.

[nobbygnome] 14/2/2018 10:35

The hearing is tomorrow and maybe Friday if required. It's very quiet here considering we could have full steam ahead by the end of the week.

Nobby

[bageo] 06/2/2018 21:47

Not the first delay ..... but not long now to get final resolution.

[panagos] 06/2/2018 11:04

This is been going on for so long even when it happens it will be hard to believe!

planning to get a few more myself when the gap down 4.875 is filled.

Probably this week, even today.

[nobbygnome] 06/2/2018 10:31

Just bought another 50k in 2 lots. IMHO the appeal will be dismissed on the 15th/16th and there will be a rerating with litigation finally out of the way completely!

Nobby

[nobbygnome] 05/2/2018 10:17

Very quiet here considering the appeal hearing is tomorrow....

[petersmith6] 01/2/2018 11:41

So once the court makes it's announcement it's going to be more blue But will it be 70%?

[nobbygnome] 01/2/2018 09:48

From the court listings it appears the hearing on the 6th Feb is to consider the grounds for an appeal. So there must be quite a high chance that the appeal will be dismissed as the original ruling was very comprehensive. Also apparently, if the appeal grounds are relatively straightforward they can be heard straight away and a decision reached.

So I think there is a good chance we will get resolution of this issue next week.

Nobby

[nobbygnome] 24/1/2018 20:29

What I want to know is whether we will get the result of the appeal on the day of the hearing or will we have to wait months as before? Anybody here know?

TIA

Nobby

[panagos] 24/1/2018 18:27

Gold is 1.5% up today to new 52 week high.Or is it Zinc pric3 we should be following now:))

[nobbygnome] 21/1/2018 09:40

Thanks

Also for Deltex....

Nobby

[bageo] 21/1/2018 09:30

hxxp://www.dailymail.co.uk/money/investing/article-5289167/Healthcare-product-specialist-lands-big-American-deal.html

Balancing that out was the sharp rise for Galantas Gold – another gold explorer –

........ encouraging update ......

[panagos] 19/1/2018 10:41

I think price wants to fill the gap up from yesterday at 5p.