RE:Risk of resource nationalism Always thought jurisdictional risk would be a big, big problem in this bull market, but I saw it as a blow-off phase problem with gold and sillver hitting astronomical levels while economies around the world were getting shredded. I didn't think it would come this early.
It sounds like there is no easy solution to our problem. I think sometimes these situations are as much about power as they are about money which it makes it even more difficult to resolve the bypass.
A good CEO should be a problem solver especially with a junior mining stock so let's hope Mr. Blasutti is availing himself to professional negotiators and the llikes of people like Mister Lassonde and Mr. Sprott. Still it sounds like we are getting shook-down so it will take a lot of wisdom to finalize a win-win deal for both sides of the table. Considering the jurisdiction and the unpredictable times we live I'm not sure we will ever get back to normal operations.
Just penned a note to myself:
Don't confuse bad karma wiith stupidity. Bad karma is being trapped in an airplane that is falling out of the sky. Stupidity is being heavily invested in a single, risky junior mining stock in a far, far away place.