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Thursday, 12/07/2006 1:48:51 AM

Thursday, December 07, 2006 1:48:51 AM

Post# of 38879
The more I look into gold mining in Colombia and how it's a recent thing I see why MGMX is getting these mines so easily. The president is trying to quickly bring economic growth to the area by selling land agreements quickly so production can start ASAP. I hadn't realised that the guerillas had been suppressed so much by President Uribe. I think MGMX will be a winner, I just have no idea when.

Things like this:

"Until a few decades ago, Colombia was South America's largest gold producer."
"There is an opportunity to catch up."
http://www.americas.org/item_23835