RE:RE:Aris and SOTO Great news ! Just watched the Conference Call. I think it is fair to say: a must watch for every Eco Oro shareholder. The Link to this Conference Call is given at the end of the postinig from notafinger.
Two key figures I took away:
1.) Targeted AISC for the Soto Norte project are unbelievable 471 USD per ounce. Make your own calculations how much netto Cash Flow our explored Angostura Mineral Resources are worth...
2.211 million measured and indicated ounces gold + 1.034 inferred. Plus a lot of silver (Technical report micon 2015).
Yes I repeat myself, any reward where Colombia would need to pay less than 1 B USD to us would be a great great winning for them !!
2.) About social acceptance: Now only 10 % of people in the region around the mine are against the Soto Norte project. This quote might further drop, as the project is planed scaled down at the starter.