Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: carranza2 who wrote (69308)	7/7/2010 8:09:58 PM
From: orkrious	Read Replies (1) of 78435

As the previous legal episode showed, things have way of working out in Mexico. With Cantarell shrinking by the day gregor.us I suspect Mexico is going to be doing everything they can to support mining. They need the revenue and the jobs. Also, I don't follow Mexican politics that closely, but didn't the incumbent party just win all of the local governships handily? I know two years ago the Socialist party was making some inroads, and mining investors were worried about the Socialists getting more power and confiscating mines. I'm not sure about the recent elections, but if it's true it's good news for mining companies. Can anyone elaborate? I sold 10-20% of my NGD at higher prices. I'm going to be buying it back.

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