OTCQX:DMMIF - Post by User
Comment by
sysaphuson Feb 16, 2012 10:49am
239 Views
Post# 19542650
RE: Kinross
RE: Kinross I don't see why this would be good news for Dmm. Neither K or it's deal has anything to do with Dmm. All negotiations and contracts are strictly separate. I suppose Ecuador's income stream may be impacted a bit by K not developing Fruta but in fact the only income Ecuador was likely to get from that over the next 5 years of so was the [IMO] extortion payment the Ecuadorian govt was demanding before an ounce was even mined.
Dmm has had the "green light' for quite some time now. To stick with one metaphor what is happening now is Dmm has made the choice to not put their foot on the accellerator. I don't know it they've dozed off or are sitting at the green light texting but they need to put it in gear and get going.