RE:RE:Thanks NaturalCurrencySouth American Silver was IMO doing a stellar job in exploring and getting set to develop the property. They had set up education buildings for local children, assisted with crops, fish stocking, etc and also had a patented ingredient and process (developed and licenced exclusively to South American Silver by univ. of BC) to safely extract the silver ansd indium without significant environmental impact.
But this became a political issue and now we'll see what happens. The indium in particular is so rich that this will be extracted....probably by the Chinese. Likely Bolivian gov't wanted control. Extraction is not an easy issue and without previous expertise (patented extraction process) it may not happen very soon.
One thing for sure is that it has made me think long and hard about investing in any third world country. Of course I also held Allied Nevada which filed chapter 11 and made my shares worthless but the same ceo and BOD are carrying on, so thieves close to home as well. Great initial prospects for Malku Khota but too bad SAC failed to proceed due to this illegal expropriation.