Short Term Trading Week Starting: 27th Feb, page-112

Heads up for potential trade this Wednesday

http://thestandard.com.ph/mobile/article/230391
http://newsinfo.inquirer.net/874017/gina-lopez-solons-offered-p50m-to-dump-me
http://thestandard.com.ph/mobile/article/230392

RTG, OGC and other Philippine listed miners

Gina Lopez, the DENR head in Phillipines is up for confirmation on Wednesday 1 March 2017

The articles above are well worth a read, there is a big push to have her voted down and to stop the insanity. If this occurs, these stocks that were at risk of mine closures / suspensions should hammer. President Duterte has already put a freeze on her mine closures and suspensions to "give them their day in court", so looks like he doesn't blindly support her

"In an 11-page opposition letter, they said Lopez’s recent actions show an “undeniable bias” against and antagonism towards large-scale mining, “rendering her unfit and incapable of a responsible, fair, just and balanced implementation of the Constitution, the Philippine Mining Act and related laws and regulations, and of upholding personal interest and advocacies over public interest.”

To discredit and marginalize the mining industry, the complainants said, Lopez has shortcut legal and administrative processes, disregarded due process and vested rights, and even ignored the sanctity of contracts between the government and its mining contractors.

“Lopez is grossly unfit and does not have the administrative experience and competence to lead the DENR. Lopez has a poor track record in leading and managing environment and eco-tourism projects,” the complainants said. "