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McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: Ecuador mining law finally passes _DMM.to

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Buckshot26

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Ecuador mining law finally passes _DMM.to

posted on Jan 26, 09 02:46PM

The law passed this evening paving the way for mining in Ecuador. The tax scheme will likely be in the 51% for the state and 49% for the miner neighbourhood. Although high, projects like Dynasty's (DMM.to) will flourish. Personally I'm now "all in" on Dynasty and it's the only gold jr I currently hold. Given that I'm very bullish on gold that should give you a sense of the size of the position. I suspect them to be bought out immenently for $10ish, which in my mind anyway makes up for haveing Aurelian stolen from me.

Just my opinion, do your own DD.

Buck

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