KBowen7736

Aurelian and Corriente Shares Down as Equador Suspends Mining Exploration

Negotiating a contract is fair game but all these exploration companies spend investors money based upon an anticipated taxation level by the host government due to historical data. If the country intended to charge higher taxes on a particular claim then that should have been known by all before the first dollar is spent.

That is how it should go and how it did not go in Ecuador. Thieving bastards is the correct term here!