"You have to have someone to sell to to realize a gain, and this govt. really thinned out the herd IMO."

government actions have thinned out the herd as far as retail investors

but when it comes to those interested in 20 mm oz gold find I don't believe for a second that we have any fewer interested parties

the proof will be in the pudding for all of us, just my opinion....

I won't argue with that. The question I was answering was, "would you invest in Ecuador again." I take that to mean mining, which basically means juniors, and I think they've been dealt a hard blow here. Look at CGP. 20 cents. Ouch! Don't forget, much of the capital for these companies comes from private placements, which is partly a retail market. I wouldn't want to be a broker trying to place XYZ company with a couple dozen concessions in Lojas, for example.

OTOH, if the question was would you invest in any sector in Ecuador, I'd say yes. Definitely real estate, in fact that's where I'd intended to put some of the gains from ARU. I'd also look at geothermal power if someone ever notices that Ecuador has great geo-thermal potential. No way could the greens get their backs up about that.

ebear