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


To: TheSlowLane who wrote (74028)10/17/2012 6:04:34 PM
From: Logain Ablar  Read Replies (1) | Respond to of 78409
 
I remember the company I worked for had an Argentinian subsidiary (early to mid 80's time frame).

It was profitable but we could never take the cash out of the country. Ended up selling it.



To: TheSlowLane who wrote (74028)10/17/2012 7:07:29 PM
From: baystock  Read Replies (1) | Respond to of 78409
 
I am very familiar with Dynasty as it was my largest holding coming out of the 2008 financial panic. I don't own any at the moment though. Gran Colombia is now my largest holding. Whilst the small mines licenses are good news, Dynasty can never hope to attract a buyout from a larger miner until Ecuador opens up to the likes of Kinross.

Once the marmato village is successfully relocated and the related cloud overhanging Gran Colombia goes away, it should sell at a premium because this deposit is large enough to be attractive to majors:

finance.yahoo.com
>>Highlights from hole MT-1500 include 1.6 grams per tonne of gold and 1.5 grams per tonne of silver over 618 meters of drilling. <<

Don't know if the deep ore from the above drill is economic or not, but they already have enough open pittable ore that is economic.