GREY:NWSKF - Post by User
Post by
handyrandy321on Mar 10, 2015 11:29am
108 Views
Post# 23505632
Never seen terrorism or hostage taking in a MD&A before
Never seen terrorism or hostage taking in a MD&A beforeNever seen a Mexican mining op mention terrorism and hostage taking before in a financial report.
The Company’s only operating mine and all of its exploration properties are located in Mexico. In the past, Mexico has been subject to a number of risks and uncertainties,
including: - terrorism and hostage taking; - expropriation or nationalization without adequate compensation; - difficulties enforcing judgements obtained in Canadian or United States courts against assets located outside of those jurisdictions; - labor unrest; - high rates of inflation; - changes to royalty and tax regimes; - substantial fluctuations in currency exchange rates; - volatile local political and economic developments; - difficulty understanding and complying with the regulatory and legal framework respecting the ownership and maintenance of mineral properties, mines and mining operations; and - difficulty obtaining key equipment and components for equipment.