RE:RE:RE:RE:RE:RE:Why only Calibre?Stratocheif wrote: There may or may not be important consequences. Depends on what contracts caliber has with US suppliers of equipment, consulting, financing etc. It will all need to be made public in the near future. But in the end, important or not, investors will shy away dashing the hopes of a big move to the upside. A good case study of this kind of thing I believe is sherritt which operates a nickel mine in Cuba. Same problem...US sanctions ....all sherritt activities from procurement of inputs to sale of product are prohibited in the US. Even executives of sherritt are banned from entering the US. Result....stock price stays very low as its seen as too risky
To be clear, there's no list I could find of what exports are banned. It is more likely to be nothing or minimal mining related than otherwise because if the US wanted to target mining in general in country to dry up funding to Ortega the sanctions would have also prohibited US persons from doing business with any entity that transacts with sanctioned entities. This is absent from the sanctions. This is also likely true of the VISA restrictions where it is only affecting the sanctioned individuals or those that directly work for those entities. But since I can't find anything specific in those two I was speculating about what I think is the worst case scenarios for Calibre.