Nelly Shishkova

Abot Mining Co (PINK:ABOT) Keeps Moving Up Supported by Promotions

by Nelly Shishkova February 22, 2012

ABOT_logo.jpgManagement of Abot Mining stated that some existing and possible future environmental legislation, regulations and actions could cause additional expense, capital expenditures, restrictions and delays, the extent of which cannot be currently predicted.

Before production can commence on any properties, the company must obtain regulatory and environmental approvals. However, the procedure will incur costs to be in compliance with these regulations.

All the above-mentioned, along with the other risk factors listed in the company's statement, provokes many questions on the future operations of ABOT and light a red signal for investors.

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