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

To: baystock who wrote (74027)	10/17/2012 5:59:44 PM
From: TheSlowLane	Read Replies (2) \| Respond to of 78409

Thanks for your comments and the big picture on Gran Colombia, it sounds like it is worth a close look. I like Frank Holmes, he seems like a smart guy though I have not followed his fund. I guess I am not as pessimistic as you are on Ecuador and Argentina though I can certainly understand why most people choose to stay away. I don't think Argentina is anti-mining, certainly not in Santa Cruz province, but the government is not handling the financial crisis particularly smoothly. And there are issues with extortion by some of the local service providers from what I have heard. But...it is a place extremely well-suited for mining, apart from all that other stuff. Ecuador has been frustrating beyond belief but Dynasty got their licenses to now we see what's next...

To: baystock who wrote (74027)	10/17/2012 9:04:26 PM
From: LoneClone	Read Replies (1) \| Respond to of 78409

I would avoid Argentina or Ecuador at this point, which are both run by populist but mining unfriendly regimes. I disagree with that statement. Correa, who is almost certain to win re-election in the spring, is determined to establish a modern mining industry in Ecuador. The main political problem is that his political opponents may jump on the anti-mining bandwagon for tactical purposes. The other difficulty is that the bureaucracy is very inefficient and new to this idea. In Argentina, most mining-related issues are regulated at the provincial level, so you need to drill down to understand the situation in each province. Minera IRL operates in one of the mining-friendly ones. Troy is another example of a miner doing very well in Argentina. That said, the overall economic approach at the federal level in Argentina is unfriendly to any foreign corporation operating there. LC

To: baystock who wrote (74027)	10/18/2012 5:12:31 PM
From: marcos	1 Recommendation Read Replies (1) \| Respond to of 78409

I've never met a colombiano i liked, and i've never met an ecuadorean i didn't like ... for what it's worth, only personal experience, though from a great number of data points in multiple countries including this one where our household and social circle both operate largely on spanish and for years we volunteered at a 'multicultural centre' which is a federal effort to help immigrants with english, involved thousands of individual contacts including visiting musicians and stage acts As for argentinos, met good bad and indifferent, average pretty decent but note that they are the ones who left ... a couple nearby who are good friends and are from a famous ski resort there would not under any circumstances whatever invest a nickel in the country, having been burnt severely at least twice, leaving with nothing after being wiped out the first time, then helping a brother who was building a business that got utterly destroyed by cyclical nonsense endemic to the country The very name Gran Colombia is from a temporary country dominated by colombianos and venezolanos [don't even get me started on them], from which Ecuador escaped soon after formation, to put as much boundary as possible between themselves and the fantastically stupid bloodymindedness of the others - and Ecuador included the shuar who practiced the most quantity and best quality of all the headshrinking in history .... going back millenia, according to legend, and continuing to present day, the insane violence of Colombia always has and still does stick out compared to the rest of the continent even, which is really saying something So thoughts like this are behind my motivation to first scan any company or just pass on to something else ... can't dance with all the girls, prefer to avoid those with hatchets in their bloomers anyway ... haven't spent ten minutes total looking at gcm.to, it's excellent mineral potential for sure, good luck with it, i will very definitely be sticking with dmm.to, taking big risk with local impulse to confiscatory socialism but feeling somewhat vindicated when it was greatly reduced with tuesday's news They're all in the Americas, at least ... hard to believe people will send their money off to some of those other places