Google News - Ecuador
in response to
by
posted on
Feb 20, 2008 02:33PM
The company whose shareholders were better than its management
if you go to Goole news and look for info on ecuador, it will bring up the latest news.
What I am finding in the last few days is fairly concerning, it may be biased journalism but there is a consistent theme and I suspect it is the reason that management may have wanted to exercise some insider selling.
Not knowing the temperment of potential bidders, I can see why the political risk discount is so high.
I wouldnt be surprised if we are forced to build our own mine because outsiders may be too timid to make the investment.
I hope we can get better treatment than the oil comapnies and phone companies but "hope" hasnt always been the best strategy.
some concerning news reports from the last few hours.
www.latinbusinesschronicle.com/app/a...
http://money.cnn.com/news/newsfeeds/...