OTCQX:DMMIF - Post by User
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OriginalFredon Mar 30, 2011 10:22am
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Post# 18360533
RE: Ecuador expects $7bn in gold, copper projects
RE: Ecuador expects $7bn in gold, copper projectsFrom the article: "He said the three companies will sign agreements by June, with two other deals completed next year."
From the January 21, 2011 PR: "Once the application is accepted by the Ministry, it is expected that such negotiations will be concluded and an exploitation contract finalized within 180 days."
It is possible that the Dynasty contract will be done under the radar. Dynasty is the only company actually mining, and the government may not want to publicize that fact. I tend to think that the contract negotiated with Kinross will simply be photo copied and handed to Dynasty to be signed.