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  • Aurelian and Corriente Shares Up on Meeting with Ecuadorian President
    The Ecuadorian government's Mining Mandate wording ought to give some concern to investors that there may be some "social" bumps in the road, along the way to getting the gold. The Mandate specifically frets over such things as "...{the need to reduce} negative impacts on the environment caused by mining activities"; governmental concerns about "...legitimate mechanisms for territorial order"; and providing "labor and social protection." Moreover, the Mandate goes on to state that the existing "...institutional legal framework (presently) in force is insufficient and does not respond to national interests." In other words, the Ecuadorian government not only does not trust the mining companies to protect the environment, nor to protect the welfare (or, apparently,even the safety) of workers engaged in mining operations; the government does not even trust its own laws, to take care of these things, as the laws are presently written. This whole thing seems like an almost insurmountable array of obstacles, OR a $moke$creen for some kind of "negotiated $ettlement" with gov't official$, to ea$e the way to overcoming the$e obstacle$. This could get awfully expen$ive, and there is nothing to stop the gov't from calling for additional $weetner, as time goe$ on . . .
    Apr 28 18:42 pm |Rating: 0 0 |Link to Comment |View article
  • Location Can Make or Break Mining Companies
    What, they forgot the fine old art of BRIBERY? And they call themselves mining companies! Harrummpphhh !
    Apr 25 19:26 pm |Rating: 0 0 |Link to Comment |View article

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