Sarissa Resources Inc (SRSR)

[supermegadope]

Canada appears to offer the sort of political and market stability that really works to insulate current investment from exposure to those sorts of risks.

What is your take on the following?

Ontario Budget Proposes Review of Provincial Mining Tax System

Most important to the mining community is the Budget’s announcement that the government will be reviewing the provincial mining tax system in Ontario “to ensure that Ontario receives fair compensation for its non-renewable resources.” While no details were offered (see the relevant excerpt from the Budget materials below), clearly the government is interested in increasing its share of revenues from mining within the province. Mining companies considering new projects or the expansion of existing ones will need to consider the possibility of higher Ontario mining taxes in making business decisions, and the mining community should prepare to get actively involved in the review process in order to ensure that its concerns are heard and accounted for in any revision to the provincial mining tax regime.

http://miningtaxcanada.com/current-developments/