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Cornerstone Capital Resources Inc V.CGP


Primary Symbol: CTNXF

Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.


OTCPK:CTNXF - Post by User

Comment by nijinsky70on Nov 23, 2009 8:43am
235 Views
Post# 16513363

RE: RE: Should we be concerned?

RE: RE: Should we be concerned?I always know the Toronto Star is a left leaning liberal newspaper.  That's the reason why I made a guarded comment about wanting to hear the other side of the story before drawing any conclusions. 

Media types with their own agneda is nothing new, neither is using their access to the public to put things in their own perspectives.  When I owned ARU we have a reporter by the name of Alfonso Soto who worked for Reuters in Ecuador and he used that position to push his anti-mining views, albeit subtly.  This guy cost us almost as much in SP as the mining moratorium in April 2008, of which we still suffer its effects today. 

Ecuador is politically risky enough of a place to invest with your hard earned money without someone fanning the flames.  That's the reason why I now always put political risk ahead of all else when it comes to investing in mining ventures.  It costs me sometime, like I would have invested in Ivanhoe Mines (at about $8) but decided not to trust the Mongolians (they make the Ecuadorians look like amateurs).  I think in the long run that's a safe and wise decision. 

Do I trust Raphael Correa and his Ecuadorians, hell no!  (but don't take my words for it, draw your own conclusion)
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