Fronteer Development Down on Moratorium News
March 13, 2008
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Fronteer Development Group Inc. (FRG) was down 11% Wednesday morning, as Labrador's proposed moratorium continues to take its toll.
The company, which owns 42% of Aurora Energy Resources Inc. [AXU/TSX] is being impacted by news that the Nunatsiavut Government is considering a proposed three-year moratorium on uranium mining and milling on Labrador Inuit Lands in coastal Labrador.
Aurora Energy is also down another 11%.
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