Developing the El Boleo mine - 2010

Baja Mining Corp. is a Canadian mining company. Baja, through Minera y Metalurgica del Boleo S.A.P.I. de C.V. (MMB), owns a 10% interest in the Boleo copper-cobalt-zinc-manganese project located in Baja California Sur, Mexico.

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Message: What s your take on : Baja Mining raises going concern doubt, shares fall

I hear you!

From what I gather around, 20% in cost overheads is almost standard in today's markets, so what's going on??

This whole affair should raise some eyebrows on the political scene as much as strategic or financial.

I don t understand how this can go south this fast. There are thousands of jobs at stake. I am sure; a dozen of small businesses emerged to support the mine construction, who knows how many indirect jobs are on the line...

Someone with political leverage must be monitoring what s going on, I can t believe it s all out of control for some Croesus rich bankers (MK) to take over on the cheap and there is no one to defend the company.

Cheers,

LM.

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