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AGORACOM News Flash

AGORACOM Maintenance Alert: Going Offline Tonight, and Friday night for about an hour

Dear Members.

AGORACOM will be updating our server framework tonight and tomorrow night. As a result our discussion forums will be down for 1 hour or less.

These problems stemmed from our recent switch to a new web host and some issues with our DNS records (the settings that tell your web browser where our website is located). We believe we have squashed these bugs and are looking forward to pushing these updates through.

In anticipation of this scheduled maintenance we suggest the following:

1. If you are going to post any long and intensive material after 6PM either tonight or on Friday night, save a copy. We don’t expect to lose any data from the last 2-3 hours but better to be safe than sorry

2. Our blog (which you are reading right now) and Twitter account will be unaffected during the downtime, so feel free to contact us at either if you have any issues and can’t reach us through the site.

Best thing to do is to post comments on our blog. Alternatively you can reach us by emailing contactagora@agoracom.com

3. We expect the migration to be very smooth but please let us know if you have any issues.

4. If you are in Toronto, or the GTA, enjoy the weather! Summer is here so go out and have some fun!

We trust the above to be satisfactory as we strive to continually provide you with a great AGORACOM experience.

Thanks,
George and the AGORACOM Team

Message: First draft of the new mining law

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First draft of the new mining law

posted on May 29, 08 06:58AM

www.resourcestockguide.com

...Yesterday, Ecuador came out with its first draft of the new mining law. While there is sure to be changes to the document, we think this draft offers a flavor for what is to come for the mining companies operating in Ecuador. It appears that the worst of the fears proved to be false for now. There is no mention of the windfalls tax, loss of concessions or nationalization, only a proposal for 1% to 5% tiered royalty on gross metal value, which is not unusual for the rest of the developing world.

Moreover, there is an indication that explorers such as Aurelian and Corriente may be able to resume their activities soon, while near term producers such as Dynasty Metals may have to wait a little longer.

While Dynasty Metals (DMM.TO) appears to be the most attractively priced company operating in Ecuador, its production was scheduled for later in 2008, and the temporary mining ban came at a very wrong time, causing a lot of disruption. Aurelian, on the other hand, is still in an exploration stage and should be able to commence its activities relatively quickly....

While there are risks that the mining law will be less favorable than the first draft, we believe that Aurelian presents a good speculation at today’s prices. We established a speculative position in the stock today at CA$4.13.

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