Semantics. Fine. Nobody thought Ecuador was so high risk prior to their gutting of ARU.
I have a position in another company whose gold assets are in Equador. They have a 6 million 43-101 compliant ozs, one mine in production capable of 100,000 plus oz/year with all the related infrastructure and are currently valued at $28/oz in the ground.
Makes you wonder, then, why a guy on SH would show up out of nowhere, first calling the company the "Nortel of junior miners", then comparing SGR to a company that no longer exists, doesn't it? I'd almost think he was a pro, except the story of ARU getting the screws put to it is so well known in junior mining circles.