Cascadero Copper Corp V.CCD

Have we turned the corner...never know it by the share price

[Time4change]

Argentina: Full court press at LME Week

It was a big turnout for one of the main base metals dates of the year, LME Week in London

last week. All the major private copper companies working the region sent their CEOs and

bigwigs (Freeport, Teck, Antofagasta, BHP etc), Chile sent both its Mining Minister Aurora

Williams and the Codelco Chairman, Mxmo Pacheco, but arguably, the star turn was on

October 1st and the “Argentina Day” events (12). The new copper/lithium kid on the block sent

a big delegation, including Secretary of Finance (the #3 finances public servant in the country)

Pablo Quirno and Mining Secretary (i.e. minister) Luis Lucero who gave the usual “come invest

with us” type welcome speeches, but the meat of the event came from the provinces. The

Argentina delegation included the governors of five of the key provinces for mining

development in the country: Marcelo Orrego of San Juan, Carlos Sadir of Jujuy, Gustavo Senz

of Salta, Alfredo Cornejo of Mendoza and Ral Jalil from Catamarca, Additionally, Ro Negro was

represented by its Minister of Production.

The five governors and one regional minister took turns to try and make their province sound

better than the other present and the impression they left, collectively, was extremely positive

for mining in the Andean cordillera, from San Juan’s Orrego highlighting the lead position of his

province for mining, to Salta’s Senz claiming his province is now the #1 region for mining in

the whole of Latin America which is....a stretch. Even Mendoza’s Cornejo got in on the act by

pushing the newly delimited Malargue zone in his province, an area that’s been separated for

fast track permits for mining development and would represent a major step forward for a

province that has dragged its heels on mining for decades (due to the “wine lobby”, but that’s

another story).

The cynical among you may point out that Argentina’s delegation was large and popular

because there’s nothing an Argentine public servant loves more than a free plane ticket and

hotel stay in a European capital and to be fair, there’s probably some of that in play. But it’s the

right time to press on Argentina’s claims as the next great frontier for large-scale mining under

Milei and with the RIGI laws now active and companies moving on projects, Argentina Day

turned out to be the centerpiece event of LME Week 2024

[AucontraireII]

Thanks for your commentary as always T4C.  The political environment for Argentina has not been this good for business in a long time.  We can only hope that the sins of the past haven't done too much damage for the present.   As an aside, I note that in less than 12 hours on your previous post, which was lengthy and informative, you had about 250 views quickly reaching to

[Time4change]

Nobody cares. This company is old, very old news run by pencil pushers hoping some white knight will come along and bail them out of the tens of millions of shares they own. We can only wish. 

[AucontraireII]

Yup.  Yawn.  It used to be that CCD was one of the necessary pathways of FQ when or if they were to proceed with their mine in Salta province.  This from EB back six or more years ago.  Now it looks like that mine will proceed but yet no one seems to care about CCD or taking control of its property Sarita este.  I mean most days literally $50 to $100 in shares is traded ..