"The exploration and mining projects under discussion are large scale and advanced"
Things are going well...big news coming later in the year to re-rate SAY hopefully...
From quarterly
Ecuador Opportunities, Ecuador
During the quarter discussions are continuing with the Ecuadorian Government and two large Chinese mining houses are continuing. These discussions are focused on specific advanced exploration and mining projects in Ecuador.
If successful the results of negotiation will involve the incorporation of a Joint Venture which will include the Ecuadorian Government, one or two major mining companies and the Company.
The exploration and mining projects under discussion are large scale and advanced, so the Company is working diligently to evolve a positive outcome to add value to shareholders.
The Company is in advanced negotiations with the Ecuadorian Government to regain interests in iron sands projects, previously owned by the Company. Meetings with the General Manager of ENAMI (State-owned national mining company) is continuing.
"The exploration and mining projects under discussion are large...
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