TSXV:ICAU.H - Post by User
Post by
Luxluminaeon Sep 15, 2017 1:04pm
120 Views
Post# 26701823
Doing business in Bolivia
Doing business in BoliviaThere may well be risk in mining in Bolivia or any country including Canada. However, the dore trading business is very low risk as it expands the margin and cash flow of artesian Coop (the bulk of gold mining in Bolivia) which heretofore was victumized by the draconian tactics of local brokers-or brokers from nearby coutires.
The other challenge of course would be to actually read thr the detailed description of GXM's explaination of its new business model and ask questions of management. I know that is a burden for many that read only headlines. Ths cash flow from the dore business could fund the other company. However, the 2 units are more likely to be separated as independent entities. .