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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (23800)10/29/2006 8:30:48 PM
From: LoneClone  Read Replies (2) | Respond to of 78416
 
The situation in Oaxaca is rather interesting. It started out as a teacher strike, and though the teachers have gone back to work it morphed into a kind of general protest. Then the corrupt police were foolish enough to shoot some people, so the pres has sent in the (we hope less corrupt) federal police to try to calm everyone down.

I will always defer to Marcos on matters of Mexican politics, but IMO this is nothing to worry about.

LC



To: koan who wrote (23800)10/30/2006 1:43:49 PM
From: marcos  Read Replies (3) | Respond to of 78416
 
The thing in Oaxaca you mean? ... that's local, between the teachers et al who are imho unreasonably stupidly socialist and the governor et al who are imho unreasonably stupidly corrupt ... both sides far too incompetent to realise whatever demented goals they presumably hold dear, and pissing off the folks around them - tourism is a mainstay of the city's economy, and important to the region, and these idiots have pretty near shut it down

Definitely not a nacional issue, though i see federales broke it up yesterday, the majority will approve of that imho provided it is done with no more than reasonable force ... nothing to do with mining or canadians or anything, no problema imho

Look to the quality of your management to see how they'll fare among the mexicanos, would be my suggestion .... are they arrogant with you, do they gloss over or even hide important little details, are they furthering their own interests at your expense as a shareholder, do you ever get the feeling they're bullshitting you? - if so, look around for another outfit with a better class of folks running it, people who realise that to succeed at mining there, they must insure that the locals are noticeably better off with the mine operating than they were without it .... and noticeably better by the standards of the locals themselves - discovering these will involve lots and lots of talking to many people, and i guarantee you they will to a man have a zero tolerance for arrogance ... or for suckholing either, makes you look false, got to look a man straight level in the eyes, be he campesino or presidente

LC, don't 'defer to' me, geez i'm a british columbian, lol ... can't think of anybody from that area that i know anymore, even ... above is just a personal take from bbc.co.uk headlines mostly ... but i've seen things like this before, it's a big deal if you're involved or caught in the middle between factions like this [i've got a story about a baseball game in Chiapas one time, typed some of it into the wsp.v thread years ago, if memory serves], but imho this one, like most internal disputes, has nothing to do with mining, no effect on our juniors

Six oh four gold, twelve twelve silver, hmmmm, damn i wish i could get more net time today ... base metals off, except, ahem, zinc