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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Fishfinder who wrote (424)11/1/2001 5:02:07 PM
From: marcos  Respond to of 39344
 
Often there is in an ejido and in its individual members much of the attitude of a sovereign nation - original language of the old Ley Agraria, memory of the Plan de Ayala, the essentially sovereign mind of the mexicano, they all contribute to this ... you'd get the same thing if you wanted to start up say a strip coal mine in Don Mills, except donmillians don't have 'frank and open' ejido meetings in quite the same flavour.

For some reason i can't copy and paste from this page, i was going to paste in and translate a paragraph minimum - amsac.com.mx .. well i'll type in translation -
'Such is the situation of some companies, as in the case of Geomaque, to mention a particular firm, where they feel that the most critical problem they confront is one of a shortage of information among the ejidatarios, who believe that the subsoil and that which it contains in the form of minerals, is theirs.'

Heh heh - ¡bienvenidos a México! - así es la vida, you need the great majority of the ejido onside for your project, or you go elsewhere, period ... with the economics of Mulatos that shouldn't be a great problem imho, but it does take time and diplomacy to get there ... following paragraphs there discuss Mulatos btw ... mention of 'external lawyers', a blockade Placer had to deal with, funds Placer paid, a group of thirteen ejidatarios dissenting and opposing development, the author of the piece quite rightly stressing better education on both sides - company and residents

What's the situation today with the ejido? ..... russ? .... i'm not much worried on it, already assessed the company as having a healthy attitude on the question, just don't know current developments ... cheers

[edit] - they had a sale on xcl.to today, i nibbled ... never thought i'd get dime shares on that one ... interesting times ... if they could get some cash together, say from flogging Mill Creek to Placer, i wonder if they might do something at Snowbird, maybe money would go further where mineralisation begins at surface and there's a new and more enlightened regime in the province ... Sleeper would remain the principal property, but sleeping a while yet ... xcl ARs are said to be in the mail now