It seems my last post got lost into Safe-Rommel hurricane...so I just like to know if it is true DMM and CTQ are allowed to continue work on their concessions?If so, why not ARU?
Counter disinformation with facts.
Here are the facts:
From Corriente's May 14th MD&A on SEDAR
In November 2006, a series of protests began that were held in the Morona-Santiago and Zamora- Chinchipe provinces of Ecuador against resource development in general. After a number of ineffective negotiating sessions were held with the protesters, the Ministry of Mines and Petroleum (“MMP”) advised the company to temporarily suspend its Mirador Project fieldwork in order to secure the safety and security of local communities and supporters. This suspension was subsequently formalized in December 2006 by a suspension order from the Sub-Secretary of Environment’s office within the MMP. To date, there has been no change in the status of this suspension order.
From Dynasty's May 15th MD&A on SEDAR
Prior to the announcement of the Mining Mandate, the Company was on schedule and on budget to complete plant construction and to commence gold production by the end of the second quarter of 2008. Although the Company continues to employ substantially all of its workforce on civil works and other site management projects, until the Company receives numerous clarifications from the Ecuador government on the Mining Mandate, it is not possible to estimate the time to complete mine development and plant start-up.
ebear