Will There Be a Bidding War for Aurelian Resources? [View article]
The draft mining law (which I read in Spanish) looks reasonable. Aurelian is worth about $20/share I believe. Why would their board accept an offer now worth $6.30? Why didn't they say: "thanks for the offer, but it's a STINK bid"? It's the biggest and best gold discovery worldwide in at least 10 years.
Shareholders, write the company and the Ontario Securities Commission (as I have.) This is highway robbery by a board that is at least STUPID and at best acting against shareholder interests!
Follow the Ring of Fire to Gold's Geological Hot Spots [View article]
More big deposits: Seabridge, NovaGold, Crystallex, Gold Reserve (the latter 2 in the sights of Rusoro) Don't these deserve mention alongside Aurelian's?
Analysts Mixed on Mining Risk in Ecuador [View article]
There are differences between Ecuador and Venezuela:
1. Ecuador is poor, lacks VZ's oil, and needs economic development. 2. Pres. Correa has a Phd in economics from U. of Illinois, Urbana - while Chavez did not attend university, and had an entirely military career. Chavez thinks command and control; while Correa is critical of Wall St., he knows economics. 3. Extractive industries are controversial in Ecuador; although mining is new, Texaco and other oil companies caused major public health and environmental damage in Ecuador.
Sure, Correa has to ride herd on a raucus political process, but at the end of the day, I think western miners who can "dance with the music" will find happiness in Ecuador.
Venezuela Gold Miners: 'Misappraised' [View article]
"Guy Bennett – President, Q1 Publications - is the author the best-selling book, “Guy’s Guide to the Flipside,”
He sounds like a reliable source for gay bars in Vancouver, but for gold stocks?
Will There Be a Bidding War for Aurelian Resources? [View article]
Shareholders, write the company and the Ontario Securities Commission (as I have.) This is highway robbery by a board that is at least STUPID and at best acting against shareholder interests!
Follow the Ring of Fire to Gold's Geological Hot Spots [View article]
Analysts Mixed on Mining Risk in Ecuador [View article]
1. Ecuador is poor, lacks VZ's oil, and needs economic development.
2. Pres. Correa has a Phd in economics from U. of Illinois, Urbana - while Chavez did not attend university, and had an entirely military career. Chavez thinks command and control; while Correa is critical of Wall St., he knows economics.
3. Extractive industries are controversial in Ecuador; although mining is new, Texaco and other oil companies caused major public health and environmental damage in Ecuador.
Sure, Correa has to ride herd on a raucus political process, but at the end of the day, I think western miners who can "dance with the music" will find happiness in Ecuador.
Aurelian and Corriente Shares Down as Equador Suspends Mining Exploration [View article]
Ecuador (that's how it's spelled, btw) has suffered massive public health and environmental problems from Texaco and successor oil operations.
Don't they have a right to decide how and when they allow large-scale mining to begin? -
BTW, I have a position in Aurelian, and feel the current pain !