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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Lorne who wrote (19163)5/7/1999 1:41:00 AM
From: marcos  Read Replies (1) | Respond to of 26850
 
You used that lie before. Saying it over and over again won't make it true.
I just took the time to go through all those posts again and the only reference that is similar in wording is this, referring to Azteca, an entertainment [i.e and n.b., non-resource] company - "My last mexicano stock purchase was Azteca, very recently and only a few. Probably a better deal than Aber, I see the ADRs on New York are selling under 6US ... no environmental studies or Indians or Canadian tax structure to deal with, just the thieves of el DF." - #reply-8848288

Azteca does not deal with environmental studies or Indians [outside of actors] because it is an entertainment company, not because it is mexicano, as I carefully explain to you here - #reply-8863913

México, btw, has some of the best-written environmental law on the continent. It is not enforced in all regions at all times, depending on political connections - but in my experience in my little corner of the country it is enforced strictly and well. One reason I know this is because members of my family enforce it. Another reason is because it is enforced on me, not that I've had any disputes but I would if I didn't know and follow the very sensible water-, timber-, and soil-use guidelines it provides.

What mexicano environmental law does not have is anything comparable to the paperwork generated by the Forest Practices Code, and I see no reason why it should. It does have a considerable bureaucracy, but for all the mañana mexicano jokes, it moves a hell of a lot faster than does that of the People's Republik of LotusLand. Yes, there is corruption in places - it's México - but that is decreasing steadily, and in any case WhoYaKnow is fundamental to doing business anywhere to some extent, including this country. Don't feel superior, white boy, it just makes you look stupid.

You're a twit, Lorne. I'm sure of it now. No more time for you, PMs to answer.