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[checkmate28]

LC MAI Great company Great Mgt W/DK Everything you said is right on. Cerro de Orro, they will build it quick, cheap and make money. What do you do with this

Mexican authorities announced that no more permits for new open-pit mining projects will be issued during López Obrador’s remaining government term, set to end in September 2024. Experts stressed that the ban on new permits poses a threat to investments and developing mining companies.

Mexico’s Minister of the Environment, María Luisa Albores, stressed that no more concessions will be granted for open-pit mining projects due to the negative impact on the environment and the adverse effects on the health of communities living nearby. In addition, the minister stated that many of the concessions already granted threaten 68 protected natural areas. Therefore, López Obrador’s government has ordered the creation of five new natural reserves, increasing the protected areas to two million hectares.


Argonaut sold the Ana Paula project to Heliostar this April (An impressive project), except now Helio has to bail on the open pit plan option and go underground?

Some risk there dont you think? Probably the reason for the soft MAI share price.
Doug keeps buying and nobody talks about this in CEO.ca. A penny for your thoughts.

https://mexicobusiness.news/mining/news/no-more-open-pit-mining-permits-ministry-environment