Re: Ecuador seeks to tax miners' windfall revenue

Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

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longforcash

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Re: Ecuador seeks to tax miners' windfall revenue

in response to

Re: Ecuador seeks to tax miners' windfall revenue

safeharbour

posted on Dec 18, 2007 09:01AM

Aye, Captain

I think you are right on all of these points! It will mainly be determined on where Ecuador sets this windfall level!

I believe that it should be set at a high level such as what you posted...in the $1000 range sounds appropriate...

With all the gold pundits saying that gold will breach the $1000 to $2000 range, but with doubts always being cast as to wether it could ever reach that level...I think that a high set limit will not scare off any potential buyers of ARU, because at those prices the majors will be "cutting a fat hog" anyway and will be making money like they owned a printing press at the Mint!

Clear the decks for action! This period of the "doldrums" will be over in Jan. and our plundering of the hated pirates of the "Manipulator" will soon be history! And the full Winds will hit our sails again!