Ya huge bet....60 bucks an oz for the best gold find of the last 20 years when the majors are screaming for ozs. Of course Kinross had political and legal assurances before they bid. Their downside is practically nil and their upside is through the roof.

To say that this a huge bet is a joke. Ecuador might not be the best place in the world to do business but it's not the worst either.

If Ecuador starts scewing with Kinross or whoever then, just like the oil companies, the lawyers appear and the government backs down. I'm pretty sure they've learned their lesson. I mean what would be the point of coming out with a prohibitive mining law after all these months.