Member Info for Quady

Hi BNC, not responding to these idiot's any more, took me a long time to learn. But the lesson has been learnt and it has sunk in. I will in fact not be responding to new posters that come on line, plenty of others to do that. They will need to be here a period of time, before I comment, in order to give me some time to assess them. All the best.

Zoros, you really must start listening to the webinars, this was covered a long time ago. Yes ENSA includes the environmental permits, and just as important the water permits. If you remember in the presentations, we took ages to get the water rights. But this was resolved some time ago. Again please listen to future presentations, much better, to listen to them, than comment on the comments on this chatroom.

In agreement addicknt, it's a well known and defined risk. We have all looked at it. As you say not only require mining for the tax take, but to attract a wealth of other companies into the country. They cannot punish mining with punitive taxes, otherwise no one, will have the confidence to invest. Ecuador needs jobs, and to spread the tax tax. All the best.

Yes DBW, have been looking at that, who knows, but could be Pensions or investments trusts, including Solgold in their funds.

More buys than sells, but even with this pattern, we still require more buys and sells. Not sure we have enough exposure. It's interesting that it looks like we have some funds, buying into this.

Good morning Valuefinder, he's a liar, said he will publish the reply back from Solgold on this website, and then gives an email address to request it. I really don't like filtering people, as always give people the benefit of the doubt, and many people I disagree with, not filtered. However this idiot is the exception, he has lied at every turn, or he would have posted on this site. All the best.

I will go further FTJNY, I don't believe he ever was invested. But he can be amusing, after all why invest in a company, that you don't believe in.

Thank you Colonel, you saved me replying to Zoros, that's always a good thing in my world. Just to add, Yes Ecuador needs an increased tax take, but mining taxes, have been set by judging what is affordable for the mining industry, but also not to frighten them off. Also Mining, brings lots of other companies to the country, in support industries, and Commercial enterprises, to help the population spend their hard earnt money, so extra tax take, and even more jobs. Ecuador needs jobs.

This JohnPeel person is a joke, look at his posting history, he has pasted the same post on many websites. It's just noise.

Actually Zoros, two good articles in a row, steady on old boy, not sure my heart can take it. More articles like this please, and less rubbish please. Everyone on this site wants information. The thing is how you Interpret the news.
This is my take, no doubt, yours is different.
With 30% of the tax take being used on interest payments on loans, the temptation to tax mining and all industry is there, and the left usually go for that solution, and then spend it, and never pay down the debt. So is self defeating.
However the left is in power, and they are trying two things, One is two cut the spending in the public sector, and not increase the taxes on citizens. ( He is currently failing, because of size of debt ). The second is To attract mining, and other industries into the country, and attract jobs, and increase tax take. ( this has a chance in my opinion, but only if they reduce the deficit, and I don't mean in real terms, I mean the actual debt. So as a percentage it falls faster ). Since the left are in power, I am hopeful for the country, and I think this is one of the most forward thinking governments, with a left wing agenda. Sure there are always political risks. But recently the UK were threatened with a Jeremy Corbyn government. Just think how bad that would have been for Industry and Commerce.

Actually Zoros, the article you posted on South Americas economies and governments was good, as it gave the interest payments on current deficit. Thank you for that.

Good grief Zoros, your right and wrong. I should have said it's not a shoe in for Moreno's party.
By the way, he is not bowing out, I wrote about this before.
He is currently serving his second term, and in Ecuador you cannot serve more than two terms.

Hello Earthling, Zoros post inaccurate in a few places, It was close in the last election, Correa, I don't believe will run. But by no means is it a shoe in for Moreno.
However Moreno is the left wing Candidate, so whoever gets in will be pro mining.

Hi Cookie, that's just a bug on this site, if you click on his name, you see all his posts.

OK thank you WunHungLo

Zoros, Moreno is clamping down on corruption, that's why he was voted in during the second round of voting, please post the article with the figures you quote on popularity. His popularity has dropped, but that's because of the conditions he has had to sign up to, regarding the 5 million IMF loan. You forgot to mention that.

OK WunHungLo, please copy in here your question and reply you got from Solgold. You can do that, as they are not going to give confidencial information in a reply, so share it with us, word for word.

Good morning Zoros, you made it up. Because, you would never get a reply like that.

Sorry DBW, we have all been wrong, at some point on this board, don't understand the question.

Jerry, with you on this one. He is supposed to have a reply to his question from Solgold, but won't even publish that. He is guessing. Anything else is rumour, and has no basis in evidence. He is playing the chance game, that we get a PFS, and if we don't, it's delayed until we get one, then he can say he was right. Anyway, if we do get one, it's magnitude is so high, that we will all be popping Champagne corks. That's not going to happen.