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7/26/18

The IKN First Law of Mining News Releases takes on triple strength when it's a Henk van Alphen stock

Regular readers will know the law, for those new to this happy space here you go:
 "The IKN First Law of Mining News Releases: Considering that anything contained in a mining news release is presented in the best possible way for the company in question, any piece of information contained in a NR that comes across in any way negative means the real news and/or events behind it must be very, very bad indeed."
And here's Wealth Mineral (WML.v):

Vancouver, British Columbia: Wealth Minerals Ltd. (the “Company” or “Wealth”) – (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZN), announces delays in its Atacama Project (the “Project”) drilling program.  The Company mobilized and transported a sonic drill rig to the Project area this week, at which time local community representatives expressed concerns to Wealth’s drilling crew about the Project’s impact on the area.  While legally within its rights to continue drilling, the Company has chosen a non-confrontational approach with local stakeholders.  As a result, Wealth is undertaking additional consultation with local community representatives, government officials and with Wealth’s state-partner, Empresa Nacional de Minería de Chile (National Mining Company of Chile) (“ENAMI”).

Continues here. So much for having the big name local expert Marcelo Awad on board...