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Great Republic Mining Corp V.GRM


Primary Symbol: C.GRM

Great Republic Mining Corp. is a Canada-based exploration-stage mining company. The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets. The Company is focused on developing economic precious and base metal properties of merit and conducting its exploration program on the Porcher Property. The Porcher Property group consists of over nine contiguous mineral titles covering an area of approximately 3,560.4 hectares in the northwest part of British Columbia, Canada, approximately 40 kilometers southwest of the city of Prince Rupert on Porcher Island.


CSE:GRM - Post by User

Bullboard Posts
Post by auwhore2on Oct 27, 2011 6:25pm
348 Views
Post# 19188059

El Inversor

El InversorThat link posted in the last post may not take you directly to the article referred to, so here is the translated story.
Mining and oil must be settled in the country exports dollars
So it has a brand new presidential decree. Until now, were benefited by a special regime. Thus, the more foreign exchange and the Central Bank Plaza will be easier to control the price of the dollar. According to Terra, while the Central Bank president, Mercedes Marco del Pont, coming to reassure bankers that there will be problems with the dollar, the government was preparing the publication of a decree which requires the mining and oil to settle foreign exchange exports in the country. The measure, established by Decree 1722 published yesterday in the Official Gazette, remove the special treatment enjoyed by exports of oil and liquefied natural gas and mining products. The text is signed by President Cristina Fernandez, the chief of Cabinet, Anibal Fernandez and Economy Minister Amado Boudou. Thus, the dollars from these exports must necessarily enter the Argentine foreign exchange market. That, at least in principle, increase the supply, which will facilitate the central bank control of American fare. According to the INDEC, in the first nine months of the year, exports of fuels and mining were 4.552 million dollars, down 3 percent year over year, and 499 million in September for a fall of 9 percent in the same month of 2010. To date, the oil and mining companies were forced to settle in the country at least 30 percent of the dollars from exports.
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