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


To: Veteran98 who wrote (58854)4/20/2008 5:37:34 PM
From: marcos  Respond to of 78424
 
Thanks, but both those links are images of the same thing posted here thursday night, the mandato as it was at that point ... was no wording changed before it was passed on friday? ... thought somewhere it had been said there were changes

No wait, the second one has added the second paragraph of art 8, the crucial one, that's the change ... image, can't paste, damn ... well it says, 'concesiones mineras metálicas que a la fecha se encuentren en explotación, and not included in the first section of this article, will continue their activities, but are obliged to renegotiate their titles subject to the new legal framework.'

Dicey, depends how you take explotación ... would have been clear had they said 'minas en explotación' ... i dunno, could be fudged maybe, but i've never heard exploration called explotación, it's called exploración ... mind you aru.to is a development play by now, and dmm.to in actual mine construction, set to produce in this quarter, could you call one or both explotación, maybe so

Only thing matters though, is what whoever in charge down there says it means ... i expect there will be nothing like a six-month suspension, but also absolutely count on heavy royalties and strict environmental regs [which translate as '$$$$']