Eco Oro Minerals Corp C.EOM

Ecominerales

[TiredofWating]

https://www.camara.gov.co/ecominerales

What likelihood is there that Colombia will incorporate Eco Oro assets into the state owned company Ecominerales?

[ACE223]

Yes , Tired , if Colombia pays us $1.26 billion CAD in compensation they can do whatever they like .  if they become partners with Minesa and Aris they will pay for this with the first 700,000 oz of Au mined , theytotal deposit is estimated to be 20-30 million Oz . A no brainier for Colombia . GLTA

[NaturalCurrency]

Ace, please check your inbox?

[TiredofWating]

Maybe I'm thick, but does this not become the best pathway to resolution?? 1) Colombia can't just give out the settlement money without howls of protest from taxpayer, envinronmentalists, opposition politicians.   2) No private company will want to buy the assets because there can be NO assurance that the next Colombian government won't proceed with the same shenanigans

[notafinger]

Definitely not thick Tired.  However, this is the same discussion about 4 years ago with the "Nationalization" of the project.  Sorry I'm just tired as well Tired.

[MacBook]

really bad idea for Petro government to get involved in mining.  Hopefully the congress bats it down. ELN imposes control over coal industry in Catatumbo, denounces Fenalcarbon The extraction and marketing of coal in the Catatumbo region are being restricted by extortive practices of the ELN guerrillas, according to Carlos Andrs Cante Puentes, president of the National Federation of

[sailor8]

First big thanks to the important finding from MacBook about the "Red Eagle" case development at the ICSID ! Here is an interesting Interview about the current nationalization efforts of the Colombian mining industry. Gold is added to the list... If it comes through: a piece out of  the Socialists horror cabinet.  https://www.bnamericas.com/en/interviews/how-colombia-is