OTCQX:DMMIF - Post by User
Comment by
OriginalFredon Oct 19, 2012 3:26pm
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Post# 20504360
RE: RE: The uncertainty is gone
RE: RE: The uncertainty is gone The PR said "Under the current Mining Law of Ecuador"
Under the current Mining Law of Ecuador such licenses permit the Company to mine up to 300 tonnes per day from each concession at a reduced royalty of 3%, payable to the Ecuador government, and no windfall tax on the extraction and sale of precious metals. Other corporate taxes are unaffected.