GREY:RIOAF - Post by User
Comment by
blast100on Apr 27, 2011 5:08pm
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Post# 18496956
RE: RE: RE: RE: RE: Fun ride.
RE: RE: RE: RE: RE: Fun ride.Perucho,
I think it's not only that. I doubt that project completion is now a major concern for most of us. The problem is that the situation in peru could change dramatically. The lefties (and now even fujimori) are discussing a new corporates tax of 50% for mining, plus windfall taxes, plus a raise in royalties. How much is there gonna be left for us shareholders after that? We have a very blurry idea of valuations until new rules are clear...
IMHO