What to do???This week will be interesting. I for one subscribe to Schiff''s prognostications that Santos will be relaxing the restrictions on the Paramo as it affects EOM. The EOM news release comencing arbitration was surely strategic, but I am not sure what the strategy is. It does take a bit if steam out of Santos' good news on the peace plan. Minesa is his jewel and poster boy for development and FARC employment but the plan is restricted due to the EOM scenario that he needs to resolve.
He needs that monkey off his back. Now, what will Crooked Anna and her gang do if EOM claims are reinstated and we recover access to the 3.4 million ounces? The arbitration would be dead, then she would have to settle with Tenor for some sort of compensation. She has dug herself into a deep hole, saying she is over her head is an understatement. She is in shareholders sights!
Things should move quickly from this point on.