I fly to Mexico almost every month to visit at least one project. I have been in villages in Senora, Zacatecas, Coahuilla, Chihuahua, Sinaloa, and Jallisco, within the last few months, all the time that these 'unrest in Mexico' stories keep circulating. I was in Mexico City just a couple weeks ago at the same time the 'violent riots' were supposedly going on. There was nothing whatsoever to be concerned about. In fact, I never see reports on the alledged violence appearing on reputable news outlets, it is always these leftist fly-by-night websites that seem to be playing up the unrest angle. There were some protests and demonstrations in some parts of the country that were about as significant as a soccer riot.
Anyone that has spent more than 5 minutes on the ground at a mining project in Mexico will be happy to tell you that if you do things correctly, the local and state level governments are very supportive of what is going on. The mining projects are underway in the Sierra Madre, where there is very little economic activity and the prospect of high paying jobs is very attractive for those communities.
I was able to sit in for a speach from the Governor of Zacatecas last month, who was very clear in her praise for Capstone Mining, and the investment and development that has improved the community. The city of Zacatecas has grown from 120,000 to over 300,000 in just 5 years, mostly as a result of the new mining jobs and the boost to the local economy. The mines are located all around and in the immediate proximity of the city, and everyone I spoke with in town was happy to have them back in production. I dont see any 'unrest in Mexico' from there, but I guess I should pay more attention to the people who dont know what they are talking about and have never been to Mexico except to hang out on a beach.
cheers!
COACH247 |
