It looks like today's SP dive had a lot to do with the Reuters article and Soto's invisible hand is likely behind it. However, no other news network reported anything new from Ecuador, so this could be just a hastily put together fear spreading job based on opinions and old news items. After all Reuters would not lie, right? But there are way to present things that you could create a lot of illustions. On that basis, I have done an analysis on the Reuters article.

Here it goes:-----------------------

MONCRISTI, Ecuador, June 20 (Reuters) - Ecuadorean President Rafael Correa will bolster his authority this year if voters approve a new constitution extending state control over the economy and opening the way for his possible re-election.

(Now this is clearily just an opinion, there is no truth or lie about it, though it's not complimentary to Correa).

If ratified in a referendum, opponents fear the new constitution could stunt much-needed investment in South America's No. 5 oil producer and undermine key institutions already susceptible to political interference.

(Ah, OPPONENTS fear, another bias opinion, but what about his supporters? They must approve then and their thought would carry the day if they happen to be the majority).

The constitutional changes hint at leftist Correa'slong-term plans for the OPEC member, where controlling the economy -- and therefore cash flow to the military -- is key to survival after his three predecessors were toppled by street protests and congressional turmoil.

(Well, the key word is hint - another opinion, obviously there is nothing to quote here. Even morons could have opinions).

Correa, a popular former economy minister who says he wants to wrest power from corrupt elites, already has foreign investors jittery over his drive to renegotiate oil and mining deals. He pledges to annul some foreign debt, which he brands as "illegitimate" deals signed by past governments.

(This is old rhetorics that's been used many time before. They have not reneged on any foreign debts yet (threat yes), and there are no mining deals to re-negotiate since there is no mining in Ecuador yet. A fear mongering job. Also, if Ecuador reneges on a single foreign debt, they can pretty well forget about borrowing any money from anyone forever. Even idiots can rationalize that.

Alberto Acosta, head of the government-controlled assembly rewriting the constitution, told Reuters it will allow the state to take a majority stake in oil and mining deals though it is still unclear how that will happen.

"We have to regain the state's role in those sectors," said Acosta, a close Correa ally. "We would like joint ventures ...with a state majority stake, but there could be exceptions."

(Again, these are not new threats from Acosta. He has been uttering these words for a long time. Reuters never mention when was this quoted, did they? It sound like a recycled job to me. Logically, would Acosta be making such a statetment when the new mining laws ares supposed to be unvieled next Friday? The give away was ".... though it is still unclear how that will happen". If Acosta is unclear at this stage, he's got one week to put his sh_t together).

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Well, this is the way I see this article. Unless some other wire service comes up with more details, I would say this is a blatant last mintue attempt to knock down our share price on the eve of the new mining laws.

Sotomized again!!!!!