The new 'new' mining law will not effect us other than perhaps raising royalties one percent. Read last paragraph of the letter #481. As I posted before they will just attach the indian pacifiers to the 'old' new law and put it through again. This is just a formality and has practically no bearing on us or Inmet.
Lots of good news has been ignored while there was the gnashing of teeth over Martinelli's political meanderings. Gold reserves...CIP expansion completed...PDI aggregate contracts...new equipment ...etc. Now the coast is clear...I cannot time the market, but I know a lot of people who bought big chunks since the sell off bottomed out and got a kick out of how cheap the stuff was selling.
If it does not go up substantially now, it just tells me that the market doesn't really have a grasp as to what is going on and more people need to come and see for themselves. LT "steady-as-she goes". This letter was a major event and clears the deck. Some may just not 'get it', and that provides more opportunity for those who do. I am absolutely sure we have been profitable every single day since March 1, 2011!!!
News 
Market Data 
Discover 
AI
