GOLDEN PHOENIX MINERALS, GPXM Message Board

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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM

GPXM 0.000001000

-99.0%

May 28 1:24 PM EST

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To: PayShhhhence who wrote (718)	11/22/2010 10:11:37 AM
From: LoneClone	of 811

Thanks for that. Let me add that mining in Peru is very different from mining in Bolivia; in general there is a much more reliable regulatory regime. That said, it also differs from valley to valley: some areas have centuries-long involvement in mining and are gung ho if you treat them right; some don't have that tradition but are eager for development if it is done right; and some are not interested at all. Add in racial and class differences and you have a complex situation, so we had best hope our man on the ground has a handle on these things. Bottom line: I have made a lot of money investing in mining in Peru, and still have a lot of money deployed there. If the company operates ethically there is little to worry about. LC

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