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

To: Rocket Red who wrote (58722)	4/18/2008 9:43:55 PM
From: Zincman	Read Replies (1) \| Respond to of 78406

Today's decision out of Ecu will only add too the value of larger deposits located in pol friendly areas. imho. When I spoke w. Randy Reifel of CKG early last year, he commented that there are so very few big, multi oz gold deposits on hand today. The majors are actively looking for these type deposits b/c they know they have to increase reserves by way of acquisition not exploration. He told me that none of the majors were seriously considering ARU as a takeover/buyout simple b/c the pol risk was too high. Seems he was dead on considering today news from Ecu. Will CKG be one of those co's that majors court due to their high oz deposit? Time will tell. Flip the coin. Today's action in Ecu has only removed even more supply from the market for the foreseeable future. The multi-oz co will be in ever higher demand moving forward. IMHO.. ZM

To: Rocket Red who wrote (58722)	4/18/2008 9:49:11 PM
From: ogi	Read Replies (1) \| Respond to of 78406

Not expecting outright confiscation but forced equity through the Sate Mining Co, and let's not forget Windfall Taxes. Problem is they will only get the ones who are stuck in Ecuador, Iamgold, Corriente, Aurelian. After doing these projects over there won't be any more companies coming in, so the State Mining Co better be good at exploration, financing Capex ( good luck) and operating mines themselves (drain on the people instead of benefiting).