I'm kind of partial to Frank Barbera's analysis. He seems to get it right more often than not. Here's what he had to say about our situation:

Feeling the sting of Ecuadorian Nationalism, fears most likely over blown in the grand scheme of things, the FSO Junior Exploration Index ended at 137.64, down 14.48 index points or 9.51% from the prior weeks close of 152.12. We say that the fears on Ecuador may be over blown, as without the Canadian mining industry Ecuador will be SOL on its mining industry, with resulting government cash flows moving right down the drain along with Ecuadorian share prices. Better bet: the government will recant some of what sound like draconian policies and allow production to move ahead after extorting some extra money for itself. For many miners in Ecuador, even with higher government extortion rates, profitability should still be well within reach with the countries huge mineral wealth offsetting some of the potential downside to mining law changes.

ebear