The PDAC did nothing for our share price as some had anticipated. Nor did the TSX move, nor did the recent drill results nor did the 43-101 progress.
What good news do you guys think will take this stock back to its 52 week highs?? The answer is Positive Political Certainty.
We have now sunk below through the 200 MDA. Where is the bottom? It looks like Correa will indeed get his way and the referendum will be held.
If you believe that our SP is not being held back and pushed down by the present political situation then I feel sorry for you.
From el Universo
March 09, 2007
Call. President invited citizens to be united for “controlling” the Component.
The president of the Republic, Rafael Correa, thinks that the political forces that are against the Constituent Assembly already have been overcome and, for that reason, now it requests to the social sectors and citizen groups that are united to win the benches in the future electoral process.
The programmed activities in the Palace of Carondelet with regard to the Day of the Woman were the propitious occasion so that Head of State expresses the relative lightening that feels when seeing the weakening of its political opponents and the fortification of its project of “citizen revolution”.
As opposed to tens of indigenous and racially mixed women who arrived yesterday at the Seat of Independence to ask for the Executive who in the Component is respected the sort fairness, Strap assured that the citizen fight advances and that, through her, is “winning to all whom they have tried to dominate to us like slaves”.
Without talking about directly to the struggle arisen between the Congress and the Electoral Supreme Court (TSE) as a result of the call to the popular consultation, the Chief of State indicated that they do what the sectors make political traditional, the Component “is irreversible”.
“The farsantes finished and imposters, they are overcome”, expressed Head of State, who insisted to the citizen forces to leave of side his differences and to be united on, through process of elections of members of an assembly, “to control the Component and to take to the country by a different course”.
In afternoon, in Guayaquil, Head of State anticipated that if the Constitutional Court accepts the demand of unconstitutionality of the call to popular consultation, raised by most of the Congress, does not know it.
According to Strap, “a resolution of that type cannot be accepted, if we know that it is a politicized institution and mainly there is an electoral process in march where the only judge is the Electoral Supreme Court.
For that reason, it asserted, that the electoral process will continue until the end and defended TSE because according to him it has acted under the law of elections when dismissing to the 57 deputies of most of the Congress who raised a political judgment to their vowels and dismissed unfounded and through a resolution to president Jorge Acosta.
It described as barbarism the fact by the Congress and emphasized that in the statute for the Assembly several suggestions take that were rejected to them for being inadmissible and against their principles.
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