Sulliden Gold Corporation Ltd T.SUE.WT

Peru

[bogeyfree]

Lucky that SUE is not in a region where the government asked to cease
mining activities( reason of the sudden drop Wednesday?) for a year!

Are things looking good for Sunday?  We never know, hard to predict for sure!

SUE has the fundamentals but it needs a little more.

News after the elections and up we go?

[Styless]

election news is looking bad

[bogeyfree]

Humana has softened his positions lately and knows too well that he needs foreign investment.Let's keep our fingers crossed.Wonder how the market will react this morning?

[play_n_lay]

Ouch. Didn't expect that one. Taxes could reduce the desirability of the property, but in reality they are an explorer, sitting on potentially 12 million ounces of gold. I wonder if they will delay releasing their reserve statement because of this.Is nationalization of minners a concern?

[McFly123]

This sell of won't last. Humala may increase taxes, but he won't nationalize.  He is going to set policy similar to Brazil's Lula Silva, which has been a great success.  Reserve reports soon and back to $2.50

[play_n_lay]

I have been doing alot of research on the brazilian taxation system for my day job and there taxes are very high!! You realize that when all is said and done Brazil's taxes are the highest of the G20, roughlty 52% corporate tax!! On paper it doesnt look that high, but there are taxes upon taxes upon taxes...and taxes on revenue...not just profit.That being said when an economy is hot it is hot

[Sir_Holler]

Humala needed to get elected, and historically he has a nasty anti-capital bias that may express itself with time now that he is in power.Wednesday, May 03, 2006Ollanta Humala's Reaction to Evo's Nationalization Presidential candidate Ollanta Humala denied that he would do something similar to Evo Morales. The difference would be that he (Humala) does not support expropriation or "