Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

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Message: Ecuador seeks to tax miners' windfall revenue
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also remember that when valuing a potential mine, majors are still using gold prices in the $550 range

if they can guarantee healthy profits at that level

why would they be phased by giving a bonus back to the Ecuadorian people if gold went to over $1000?

ie if gold went to $1100 and gold  base level set at $1000, mine pays 3-5% royalty on $1000 and 70% on $100 

just trying to get some discussion going...

safeharbour 

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