http://www.forbes.com/forbes/2007/1210/144.html 

In Ecuador Turner and Ecclestone recommend Aurelian Resources, a Canadian gold, silver and base metals exploration company that controls 235,000 acres of mining concessions. In its Fruta del Norte site a drill core showed a rich 32 troy ounces of gold per ton of rock. In early October the company published a resource estimate of 13.7 million ounces of gold and 22.4 million ounces of silver. Commercialization of the mine is still a few years away.

Aurelian's stock, with a recent market cap of $1.2 billion, has been batted about in the past six months by political concerns. In May media reports quoted Gustavo Larrea, a government minister and a confidant of President Rafael Correa, as saying that miners in Ecuador would be hit with a strict tax hike that would take away 70% to 80% of revenues. It seemed the media misinterpreted Larrea's remarks, Hallgarten's Turner says, and that the threat was confined to oil companies. Still, in November the energy and mining minister said mining royalties will be imposed on a case-by-case basis. So the chance that the government will siphon off proceeds still looms.