RE:RE:RE:RE:RE:RE:Comparison of CXB and KNT sparky5,
Which two analysts are saying this ?
Bailey2,
Yup, Daniel Ortega's shenanigans are not a positive for this investment at the present moment time. There have been numerous news articles regarding the clamping down, house arrests etc of political opposition parties in the lead up to the November elections.
However, I have no seen indication in the years he has been president, that the country is interferring in any business activity, actually looks like his gov't has every intention of creating a healthy business environment.
The Nicaraguan government has been investing in the development of the country's infrastucture, the paved hiway system CXB is using to transport material, for example. Apparently 75% of the route that CXB will use from Eastern Borosi is already paved, and It is expected that by the time the EB Project will be shipping ore, 90% will be paved road, with the remainder to be completed thereafter. Also, considering the past two years, CXB appears to be having no problems obtaining permits and licencing for any of its mining activities.
GLTA !