Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Like I said. Order or chaos PLUS I think it unlikely the govt will allow 17bill $ slip away. Oil is in a different place now and BP reckon they have to make oil based on $50 per barrel. For a country like Ecuador that's a big difference to find. As long as miners do as solg have done it will more than make up the difference and no govt will allow local people to interfere with that. This will imo go ahead but it will cause fluctuations until a decision is made. I have 900,000 of these and not sold any. Am I concerned then yes but I feel the correct political choices will be made as no govt can afford to turn away $ billions. Ned
That the court decision really comes down to order or chaos. If its order with acknowledged miners as long as they play by the rules employing huge numbers of people benefiting the economy withvyhe powers that be knowing and being able to check what's what or chaos with an acknowledged cheater/criminal doing with a small group of individuals things that only benefit a few and chaos disruption while they do it with the country having no real idea as to what's happening. I would have thought it's in everyone's interest to have the former rather than the latter. Cheers Ned Ps bought a small portion today
and then theres this one
https://www.reuters.com/article/us-ecuador-mining/ecuador-says-two-mines-on-track-to-producing-gold-copper-this-year-idUSKCN1QH2RT
Ned
This is worth a read. Dated April ie after the March article. it is one of a number of articles on mining. Source is google news and i put in Mining in Ecuador so see for yourselves.
https://www.lexology.com/library/detail.aspx?g=2abda948-4b7a-462e-a4c5-ace3b04ca1d4
The article mentioned on here is there re the referendom however there are later articles one of which is this one dated 30th April
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/580-tsx-venture/tim/61304-toachi-mining-announces-positive-pea-for-la-mina-vms-project.html
but from what i can see the there is only this one regarding the referendom (as mentioned on here) but as you will see there are later articles where companies are progressing. Ned
A few days ago NM is responding to 6 questions one of which is about the next 12 months and then this suddenly appears from nowhere. I have to say i am a little shaken as i thought this was all over now from previous discussions and if the article is from March why have we not heard more about this more recently. I am not an ostrich but fake news.
Cheers Ned
It seems strange to me the aerial survey was done last year in Oct and both Nick, the Meyer fella and some else puts in £2 mill in Feb. The NvM purchaseS were in March. They would have known if the targets in the aerial survey were duff before then so buying all those shares is a very good sign to me. I k ow dates were quoted but sometimes there are reasons for delays. Let it run its course and at these prices I can get more. Excellent. Ned
Hi. I did mention this in November after the 121 meeting when he offered Anna to do a presentation to the share holder group that was put together (by Ship I think) a few years ago. No takers then but put me down too. It would also be nice to put a face to a name. Ned