RE:News from ecuadorI think this is the most positive news I've seen for Ecuadorian mining since I started work for Corriented in 1999. I hope EGX puts out a news release commenting on what this means for Ecuador's third major copper/gold/silver discovery (after Corriente's Mirador and Frute del Norte). When you look at the numbers from the other two deposits, EGX's reserves could easily be larger than both. Both of the other companies were sold for around $8.50 a share and this was before there were changes to the mining laws introduced yesterday.
It looks like EGX's largest investor isn't too worried about a delayed PEA, judging by today's NR.