Gold/Mining/Energy | Wolverine Exploration


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To: qbeagles who wrote (15)1/6/2012 3:45:17 PM
From: doubloon   of 173
 
It was time to set this board up, we are real investors with real dollars tied up here, if we cannot have honest discussion about our holdings then why visit a message board. Most investors can make it on their own but a discussion that presents the truth gives each of us a deeper understanding of where we want to go with our holdings, (depending on personal preferences),. Some hold short term some hold long term but we all hold little pieces of the puzzle and share with each other.

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From: jayree1/6/2012 5:43:08 PM
   of 173
 
Just want to say hello to wolverites ! Motherlode find here yet ?

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To: Shihan who wrote (12)1/6/2012 8:26:28 PM
From: RebeccaRed   of 173
 
Err no. Unlike them I actually own stocks in this company Ever since I found out about them back in june.
Plus if you check my post history back on ihub you'll see I have a different speaking style than them and am generally more positive.

The only name I've ever had on these boards is the RebeccaRed name.

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From: beachlife1/6/2012 8:39:57 PM
   of 173
 
New to Wolverine board , GLTA !

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From: doubloon1/7/2012 9:37:24 AM
   of 173
 

Labrador uranium mining moratorium lifted

CBC News Posted: Dec 14, 2011 5:21 PM


Nunasiavut, which means Our Beautiful land, is the Inuit-governed area of northern Labrador. (CBC)



The Nunatsiavut Assembly is lifting a three-year-old moratorium on uranium mining on Labrador Inuit lands.

“We imposed this moratorium in April of 2008 to give us sufficient time to ensure we make an informed decision,” said Nunatsiavut’s Minister of Lands and Natural Resources, Glen Sheppard, in a news release.

“Since [2008] we have established a lands administration system, developed environmental protection legislation and have made tremendous progress on a land use plan for the Labrador Inuit Settlement Area.”

The amendment to the Labrador Inuit Lands Act that imposed the moratorium required a review of the decision be conducted after March 31, 2011. That review process, which began in September, has been completed.

“As part of that review process, we held public consultations throughout Nunatsiavut, Upper Lake Melville and St. John’s,” said Sheppard.

“The general consensus from beneficiaries and other stakeholders is that the moratorium should be lifted to allow any proposed development to proceed to environmental assessment.”

Labrador's Nunatsiavut government narrowly passed a controversial bill to put the moratorium in place in April 2008. It passed in the Nunatsiavut assembly by a vote of 8-7.

The decision to lift the moratorium was made unanimously.

The Nunatsiavut Environmental Protection Act is expected to come into force in March 2012.

The amendment to the Labrador Inuit Lands Act to lift the moratorium will not come into effect before the environmental protection legislation is in place, said the minister.

Mining companies wanted ban lifted
The mining industry has been pushing Nunatsiavut to drop the moratorium.

There would be significant potential economic benefits if development proceeds.

Aurora Energy recently estimated that its Michelin project could create 700 construction jobs over a three-year period. Under the existing mine plan, there would be about 17 years of mining and milling operations, employing 400.

Aurora is a major player in the region, having identified a significant uranium deposit in 2006. But the company halted exploration work in Labrador after the moratorium was put into effect in 2008.

Uranium exploration in Newfoundland and Labrador plunged during the moratorium, from $58.1 million in 2008 to $3.2 million in 2010, according to federal figures. That's a 95 per cent drop.

Exploration in other jurisdictions was down over the same time frame, although not as much — 25 per cent in Nunvaut, and 54 per cent in Quebec.

No pressure
In April, the government said it wouldn't let mining companies pressure it to make a decision about lifting the ban.

At the time, Sheppard said he knew the moratorium is costing companies money, but said they would have to wait until a mining plan is developed.

"We totally understand the exploration company's concerns, frustrations — what have you — but at the same time we must also remember those who've elected us into those positions, our beneficiaries," he said.

Some residents on the north coast have said they worry about the environmental impact if the moratorium is lifted.

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To: doubloon who wrote (20)1/7/2012 9:46:00 AM
From: doubloon   of 173
 
The Uranium discovery on the Wolverine Cache River property is approximately 400 to 700 meters wide by 2.7 km long.
(1312 to 2300 feet x 1.67 miles long)

This is a promising area for other minerals like potassium and rare earths


I would have to suspect that Wolverine will give serious consideration to doing grab samples on this entire area next year.

(personal speculation) no official word has been given yet.

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To: doubloon who wrote (20)1/7/2012 1:09:57 PM
From: older than dirt   of 173
 
Since Uranium (and Thorium) are usually found with REEs, had REE mining (or development ofmining) been suspended as well?

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To: older than dirt who wrote (22)1/7/2012 7:59:31 PM
From: Old Texas dog   of 173
 
Hello all.
Just came over from the Ihub.
I too own stock, and have since the beginning.
We've been up and back down.
I'm ready for us to go to the moon.
Thanks Doubloon.

Old Texas (Phoenix) Dog

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To: older than dirt who wrote (22)1/7/2012 11:29:48 PM
From: Cup-rum   of 173
 
long time shareholder with a large stake here. no longer posting on I-Hub. Believe the U-moratorium did/does not apply to REE's; see the last few Silver Spruce Resources PRs. Since there just across the hill, so to speak, from our claims, I am very hopeful about similar trends on the WOLV claims & patient to see this story unfold.

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From: doubloon1/8/2012 12:14:38 PM
   of 173
 
All of the investors in WOLV are welcome to join in the discussion here, the purpose here is to discuss this company and it's progress on Cache River and any other property they may hold. Feel free to discuss both the good and the bad.

What ever it is, just speak the truth.

Wishing all a long and fruitful position here.



Any 'bashing for sport' or sour grapes manipulators will be banned.

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