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Gold/Mining/Energy : ARU.V Aurelian Resources Inc -- Ignore unavailable to you. Want to Upgrade?

To: Proud Deplorable who wrote (493)	9/16/2008 7:15:19 AM
From: E. Charters	1 Recommendation Respond to of 516

The regulation allows for a royalty of from between 3% and 8%. So you cannot deal claims off a prospector as two royalties of that kind could not be borne. They did impose a 99% windfall tax (why not a 100%?) on oil companies which was rolled back when the oil companies threatened 12 billion in lawsuits. So what do they do this time? They outlaw lawsuits against the government. Fat chance you would win one anyway unless you were Exxon. It is a suck-in kind of law, designed to "yoo-hoo, hey sailor" mining companies who are as green as grass. But after they get in the alley they will boink them on the head and steal their wallet. Never trust a hooker or a socialist government I say. They are fish of the same fine, spawned in the same sewage pipe. Some may hail this law as a breath of fresh air from a government who planned at first to steal it all. It is an old trick of the confiscators. Once a Conquistador, now up against the wall capitalist piggy - Confriskatore. Their government mining company is a copy of many such schemes. Generally they force the issue and buy in cheap. It will support some prospectors in a bad economy and take away the prize from major discoverors, when the taking suits. Nobody said SMDC was made to confiscate claims in SK when it was formed, but it bought its way into every major mine in that province of Canada. A benefit or a curse? It was a toss up with SMDC. With its copy cat company in Vz, CVG, it was definitely a curse as they always ended up with the claims with the gold. Confiscation of privately held operations that actually made money was the rule not the exception. Crystallex fought them for a decade. When the government creates a power they generally unleash the corruption and noblesse oblige which will pave the way for its inheritance of unrighteous wealth. When the Leopard comes out of the jungle and lunges at your lunch, take a polaroid of its coat. Next time you picnic on grassy sward basking in some tropical paradisal clime, (geopic in hand) and you espy an innocent deer as it grazes, verging ever closer to your picnic basket, take out the polaroid and compare the spots. You may be in for a surprise. EC:<-}