Replies to post #30196 on Value Microcaps Junior Miners

[checkmate28]

Justforfun Re: mining Royalty Mex - Interesting,

Under the proposal, mining firms would pay a 5 percent charge on net profits before tax. Mines not yet producing would pay a low, almost symbolic per-hectare fee on their concession.

Seventy percent of the revenues would go to the states and municipalities where mining occurs, for infrastructure and development, with the rest going to a federal development fund.

Most producers's are spending money on community development plans already so they would probably just reduce those but rather see the decisions left to the companys