OTCQX:DMMIF - Post by User
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OriginalFredon Dec 15, 2010 8:53am
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Post# 17848604
Waition on exploitation contract
Waition on exploitation contractI am eagerly awaiting the exploitation contract. I do not think this stock is going anywhere until the exploitation contract is approved.
From August 23, 2010 PR:
Exploitation Contract
The Company continues to have constructive dialogue with Mr. Wilson Pastor, the Ecuadorian Minister of Non-Renewable Natural Resources, and his Ministry with respect to formulating an exploitation contract which will set out the specific terms for mining operations, including the royalty payable to the State on the sale of the metals. Throughout this dialogue, the Company has kept the Ministry apprised of the status of its operations and its future plans and the Ministry, in turn, has assigned a person to assist the Company and report back to the Ministry on the Company's progress. The Company would like to thank the Ministries for their ongoing assistance and cooperation.
From December 1, 2010 presentation:
Anticipate receiving the draft exploitation contract; including royalty levels, before year end.