OTCQX:DMMIF - Post by User
Post by
dynarodon Nov 17, 2010 7:34am
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Post# 17716697
ecuadorian muppet
ecuadorian muppetStruth what on earth do the ecuadorians think they are doing - clearly they have no idea on what the hell they are trying to do - they have dragged this out for over 2 years now - purely due to there own incompetence - we missed the friday deadline - nothing de nada - this is on back of a 2 year ban on mining activities - this is totally the worst message to the market - the oil companies are complaining that the negoitating of contracts are not a fair negoitation but greedy bueracrats ramming their own initaives down the throats of the oil companies - this does not sit well for the mining companies. I am losing faith in the ecuadorian govt having the pragmatic ability to negoitate fair contractual agreements.
Stocks in ecuador are not going anywhere - personlly although I'm still invested in DMM from my own stupidity perspective - i would love the ecuadorians to learn something from this whole thing - like the mongolians and australians with there rediculous attacks on mining companies
Lord give me patience
Anyone know anything about the missed friday deadline on mining contracts?