Re: This looks very interesting from el universo
in response to
by
posted on
Apr 19, 2008 06:02AM
The company whose shareholders were better than its management
it's worse than that
not that many companies
but companies and individuals
and many of the individuals (many from other countries) have been sitting on the concessions for decades, doing nothing, paying a pittance for them, just waiting for some large miner to offer a decent exit cheque
that's why the ecuadorians are ticked
also, if you boil down all the changes they want to make
the theory behind 99.9% of them make perfect sense
they may not know the best way to handle it strategically
but their heart is generally in the right place
they don't want these speculators getting rich when the commoner doesn't have food
but to any story- Reuters can put the 'close friend of Hugo Chavez' spin on it, and we have a whole new ball game
safeharbour