3 things :
1. Lets hope Correa and his cronies have learned a serious lesson with this fiasco. Surely they have......
2. We need to keep lobbying for positive clarity here. We know that Sprott, BMO, Dynamic and dozens of other institutions are going to continue to pound the table vigorously. Anything less than getting to keep our concessions will do serious damage to all stakeholders. Even if we have to pay a few bucks in a first right of refusal scenario like some have suggested is ok by me. They need to get the rules into law and not change them as the wind blows to give the foreign investment community confidence.
3. CTQ were the company most concerned about upsetting the apple cart of negotiation with the government by keeping comments under wraps. However it was them who came out publicly and said nobody will lose their assets in Ecuador. Surely the most careful company out there would not have made a comment like this if it were not true.
Still have knots in my stomach but trying to keep the faith!!