OTCQX:DMMIF - Post by User
Comment by
Rich12on May 25, 2009 11:05am
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Post# 16013519
RE: No Change Here..Correa Still on Target
RE: No Change Here..Correa Still on TargetCorrea has not stated that he will "nationalized mining". His statement is basically:
"Ecuador's President Rafael Correa said on Saturday that key sectors of the economy, including oil and mines, must be in government hands."
I have too agree with Leduke......there is no change here. So basically, the government developed new mining laws and new regulations in order to maintaining better control over its resources. I have no problem with this. Correa just wants its fair share of the profits...........some 50/50 profit sharing.