ECUADOR GOLD AND COPPER CORP V.EGX

Just a couple things...

[cammac46]

Patchand...interesting article reading between the lines and the current reality of low priced oil...the earthquake...need for the country to turn to other sources of revenue...and of course gold edging up as well...Might be stupid to run now if we been here a couple years..Just might get interesting yet! And to "big jump today"...realisticly...it went from 3 to 4 cents on 250,000 shares or so...Hasn't seen 4 for awhile so...it's a start...Pardon me but I still think in the past and still figure out the car/truck in MPG as well LOL GLA...Cam

[PatchHand]

The government now has the ability to sell mining investments to the people based on the need to rebuild and help the population that has been effected by the Earthquake. If he doesn use this tragedy as a way to influence the population that mining investment in the country is necessary than Correa is an absolute moron, and given that he is president and an economist I doubt he's a moron

[jjwilson]

Maybe Ecuador Gold and Copper should offer some relief funds to the government to help with the efforts?

[PatchHand]

They haven't any money to be putting towards that. What for? You really think the indigineous people are reading the papers about EGX offering some relief. No, you don't get to reap the benefits of mining until you approve the mine....not before. 

[jjwilson]

A show of goodwill might tip the scales in our favour.  The locals are smarter than you think, not that they have much influence so, of course, you'd need to make sure the decision-makers knew about it.

[PatchHand]

Sure, but you don't do that before getting approval. Ecuador does not reap any benefits from miners who can not mine to land in which they have rights to. If they want to put that in their agreement upon approval, great. That's a good negotiating tactic. 

[SK0009]

Ha ha, EGX is issues debentures for the pay cheaques of the employees, how they will offer help to EGX.