DELIVERING DISCIPLINED GROWTH

Third largest primary Gold Producer in North America

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Message: FWIW

Re: FWIW

in response to by
posted on Nov 28, 2008 03:43PM

The sad part is...

Sure, we all want profits. But Kinross and the other Multinationals aren't dealing a crooked deck. I'm sure we'd be hiring 80% local anyway if at all possible. And paying reasonable taxes. We all know the balancing act between taxation and profitability, so I'm sure we expect to see it in Ecuador.

But this is definitely a crooked deck. About all we can do is keep throwing our hands until we get dealt a new one. If the dealer kicks us away from the table, it might be better now than once we've placed a bet and lost.

You're right, ARU did dodge a bullet. By getting Kinross to step in between.



MR

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