GOLD CERTIFICATEWell once boundaries are released, if CBJ is affected, which seems is not the case, we have two options:
i) Negotiate a Gold Certificate with the aval of the Colombian Government. This Certificate represents XX Gold Reserves in Situ, not mined, that the colombian government shall guarantee. This Certificate would be traded in the markets wordlwide at gold spot price, as the Colombian Bonds do. Why not? No need to finance the CAPEX for the ore affected by the Paramo.
ii) Go to an international court;
Which would you prefer?
As Luz Helena Sarmiento already said, a Gold Certificate is an option that government is evaluating, which seems is the case for EOM.
Comments,