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

To: WalterWhite who wrote (56343)	2/6/2008 6:04:04 PM
From: marcos	Read Replies (2) \| Respond to of 78414

cee.to - that's a positive, the government holding 50%, it's the way things should be, instead of taking fixed or sliding royalties, they should be in for equity imho ... this gives them both an interest in project welfare and a window on operation, they can see the problems involved and not develop in the absence of information a paranoia that they're being screwed ... even a carried equity interest for a place like Ecuador say, say 10% carried on top of nominal rent per hectarea, it would be better if they were in for working interest of 25% with their own money but better than royalties ... critics will say this makes conflict of interest, answer to that is government has inherent conflicts of interest, between jobs/wealth creation and socio/enviro concerns in the case of mining ... you can't get away from conflict in this world [but at least it's not about race vs. gender vs. who's more conservative than whom, lol] High float is less a concern than the religion ... place like that, you're only one bullet away from utter chaos, you look forward to being Kitchener at Omdurman, could end up Gordon at Khartoum ktn.v - no idea, i don't bug those guys, they likely don't know either ... can't push the river ... stock is relatively well supported i guess, nothing to write home about yet, bit of an in-between time