Replies to post #767 on ZNext Mining Corporation, Inc (ZNXT)

[StockSniper00]

well 90% of the philippines GDP is made up of OFW's which are overseas filipino workers...basically thousands of people go to places like saudi arabia and become maids for people and send back the cash to their families in the PI...the country is poor and mostly because of corruption

i assume the government put a restriction on mining to preserve the wealth so they could mine it themselves, but since they dont have the money to even do it themselves, they lifted the ban but imposed what is really a 3% tax on the profits but i wouldnt doubt if there was some sort of bribery going on as well

I was in one barangay(their word for town) and the governor asked our colonel if we were their to search for the japanese gold. Fact is the US has spent more money funding humanitarian projects in the country than any treasure would be worth