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Bullboard - Stock Discussion Forum Lumina Copper Corp LCPRF

Metals & Mining Industrial Metals & Minerals

GREY:LCPRF - Post Discussion

Lumina Copper Corp > McEwen concerned with politics
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Post by MrBigger on May 20, 2012 9:41am

McEwen concerned with politics

 

Mr. McEwen provided an overview of recent decrees announced by the government of Argentina and the possible adverse impact also on the mining industry. In particular, Mr. McEwen informed shareholders that the uncertainty related to the repatriation of funds from the San José mine could impair the company’s ability to internally finance its projects. If these uncertainties persist, the company will need to seek external financing alternatives for the development of El Gallo Phase 2.

Comment by thedave2006 on May 29, 2012 12:23pm
no risk no gain.  holding what i got left after selling all the way up since 1.00s.   cheers, dave.
Lumina Copper Corp
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