Correa's government to reclaim unpaid for mining concessions!

I don't think this will affect EML, but Correa knows that these are possibly very rich with unknown deposits...The country is just starting to be explored, and huge deposits (ARU & CTQ) have been found!

Why not reclaim these concessions for the state....they could hold a fortune for Ecuador, by having the country explore and develope some of these properties themselves, they don't have to worry about some other country's mining company running off with the "Golden Goose"....This Goose will keep laying "eggs" for decades of wealth!

Just My Thoughts on these new developements...

Long for Cash