"Since last week, we experienced a disaster with Dynasty Mines, in the sense that the government of Ecuador shocked the markets with an anti-mining decree, shutting down planned production at mine sites for 180 days pending the completion of new mining law. First blush take on the governments rash action, sounds extremely nationalistic, and negative for the outlook for mining in Ecuador. Even the most pessimistic bears on Ecuador, did not expect this outcome. However, in talking with various participants including individuals at Aurelian, Corriente and Dynasty, (which along with IAM Gold are all affected, and have all crashed) the consensus seems to be that this is a government powerplay aimed at restructuring the terms of mining deals, which in the end will not be as bad as many might now believe. For greedy politicians, pushing the Canadian miners out of Ecuador would be shooting their nose to spite their face, as Ecuador has zero ability to find and develop deposits without Canadian expertise. Thus, it is a likely set back, but not an end, and we expect that down the road, mining in Ecuador will get a better green light, and the stocks will bounce back. Very technically, our stop on Dynasty was triggered, but since we believe most investors in the stock probably did not sell, and we did not either, we will be maintaining our coverage of Ecuador and future developments and update subscribers as we have new information to pass on."