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Strategies & Market Trends : Ride the Tiger with CD

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From: Rocket Red	4/18/2008 3:46:44 PM
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Corriente Tumbles On Passage Of New Mining Mandate In Ecuador 15:42 EDT Friday, April 18, 2008 DOW JONES NEWSWIRES Corriente Resources Inc. (ETQ), which lost 11% in Toronto trading before being halted earlier Friday, has been advised that the Constitutional Assembly of Ecuador has passed a new Mining Mandate. The Vancouver-based company said it has requested an official version of the Mining Mandate and will comment on the impact of this mandate on its operations in Ecuador when its analysis is completed. Corriente is moving towards construction of a starter operation at its Mirador copper-gold operation in Ecuador. As reported, other companies active in Ecuador, including Aurelian Resources Inc. (ARU.T) and Dynasty Metals & Mining Inc. (DMM.T), are also down sharply Friday. In Toronto, Corriente is down 50 Canadian cents to C$4.10. Aurelian is down C$2.17 to C$5.19 and Dynasty has tumbled C$2.11 to C$4.05. -Carolyn King; 416-306-2100; AskNewswires@dowjones.com (END) Dow Jones Newswires 04-18-08 1542ET Copyright (c) 2008 Dow Jones & Company, Inc. © Copyright Dow Jones

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