Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.87

+3.6%

Dec 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: IngotWeTrust who wrote (82352)	2/20/2002 8:19:13 PM
From: John Soileau	Read Replies (2) of 116814

Hey Ole, I had a discussion with a Canadian mining co rep a few years ago, and it was made pretty clear to me that the budget for a third-world project (not Mexico) included a hefty sum for local grease. The US has a federal law prohibiting "foreign corrupt practices", but I'm not sure Canada outlaws this. I suspect it's routinely "fudge factored" in as a cost of doing business. What else is a company supposed to do when the informal exaction is absolutely inevitable? John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next