Mike Allen at the Natural Resources Committee

On February 16th, 2012. See this statement in context.

February 16th, 2012 / 9:25 a.m.

Conservative

Mike Allen Conservative Tobique—Mactaquac, NB

Thank you very much, Mr. Chair.

Thank you to our witnesses for being here today.

I would like to start with Mr. Hanson and Noront Resources.

I noticed in your brief that you've spent about $150 million in the Ring of Fire on exploration and development activities, but you also indicate in here that you've filed an application with the Canadian Environmental Assessment Agency just this past March. Where do you stand in that process, and how far away do you believe you are from actually starting to develop?

See context to find out what was said next.