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Pacific Rim Mining Corp PFRMF



GREY:PFRMF - Post by User

Comment by TIM9LIVESon May 06, 2010 11:40am
288 Views
Post# 17069540

RE: I have been reading up

RE: I have been reading up Yes, It's a long read and takes a bit of DD to fully understand. That said,,,PMU looks to have a very good chance with the CAFTA review.

  I think El Salvadorian newly elected pres knows this,,and he tried to reach a compromise with PMU,,,but PMU knows they are in the right. They are not backing down,,,and the case will be heard by CAFTA court very soon. El Salvador can't win,,,they either pay up the 77 million,,,,or let the mine re-open.
  As far as your scenario about them buying shares and then giving the mine the go-ahead,,,that's a possibility IMO. In fact,,,,it's a problem whenever a mine hits it big in any 3rd world country,,,corruption of the mining officials ect. I honestly think that is exactly what happened with Dorato Resources in Ecuador. DRI came out with great results,,,and then the Ecuadorian Gov put out a press release suspending DRI mining license,,,,,stock crashed,,,,and 2 days later they said the release was a mistake. Stock took off again,,,,HaHa,,,someone got rich
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