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

To: Michael Bidder who wrote (27735)	2/7/2004 1:57:41 PM
From: Valuepro	Read Replies (2) \| Respond to of 39344

Bidder, "If anyone is daft enough to think that the Government of Argentina will fumble this discovery and not allow the development of Navidad..." Being daft enough to believe on faith that Navidad will survive the mining ban, assuming it exists, is more like it. Do you not read? Manahattan Minerals has been shut out on their Tambogrande project and perhaps their other claims in the district as well. Despite what rationality dictates, the people there are against mining, and the authorities are respecting that. The entire country of Costa Rica has outlawed all new mining, and that move has been upheld by their Supreme Court. These are just a couple of examples. There are others in Latin America and from parts of the globe demonstrating populations who are more interested in preserving their environment and old ways than in the subject of economics. And that's a fact, whether or not it meets with your sense of logic. Besides, if one province in Argentina does shut down new open-pit mining, it will not effect the balance of the country any more than what happened to Manhattan in Peru. Have similar instances in Canada or the USA caused it to be "OVER OVER OVER" there? In the meantime, and in regards to Navidad and Chubut province in Argentina, and assuming there is a valid ban against open-pit mining, can you present any evidence that anyone at all is trying to undue or modify the ban? Failing that, why would anyone be daft enough to... Oh, never mind. On this subject it's like trying to convince those who believe otherwise that Elvis really is dead.