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Message: Bonafides

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Bonafides

posted on Aug 15, 09 08:39PM

Oh! here is another basher. Let's look at that term. What is a basher? Is it someone who just wants to vent, just to shake it up?

Well here we go. What are my bonafides. I've walked Bolsa, seen the gold and looked at the alteration system, and I think that if it was in Canada it would be worth 1 to 2 Billion. I've worked in this business (mining exploration) for 25 years. So yes, I can comment with respect to the technical aspects.

The issue is not the gold potential of Bolsa, as it is the best I have ever seen. The issue is the social aspects, if you can even call it that. What I mean, is that the corruption is so endemic that we (as North Americans) can hardly conceive of the depth and breadth of it. More established mining areas of Peru where the government has some control, the tax revenues permit some social stability and precedence of law. Other areas, that I have seen, have children crawling into 2 feet wide trenches to pull out the gold.

We have seen from press releases, and other statistics to the size and power of the nomadic and influential mining underground workforce in Peru. The centralized Peruvian government is stuggling with this issue.

Since Peru has warred with Equador over its northern boundary, mining exploration was virtually nonexistant in northern Piura. It is stable now, but you still need a Presidential decree to work there.

So here we are, a new exploration area in one of the richest mineral wealth countries in the world. I truly beleive that!

So if the final deadline comes and goes acording to the Sept. 4th postulated deadline by Gdan. Is there a PLAN C? We all hope it's in the bag, but what basis is there really? heaven forbid we are not being played!! A few more weeks and as far as I'm concerned I'll need some persuasive news not hopeful inference.

Infedelle

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