Neues Minengesetz in Ecuador - Dynasty M&M kaufen

..into the sky Also jetzt mal ganz sachlich. Ich beschreibe­ mal was Dynasty zu bieten hat, nach einem kurzen politische­n Ausschnitt­.  Ich habe die Chance genutzt und bin zu 1,80 EUR in diesen Wert eingestieg­en. Ich werde in diesem Jahr den Fokus auf Gold- und Kupferexpl­orer sowie Produzente­n legen die eine Chance zum Highflyer haben. Das Jahr 2009 wird in dem Rohstoff Sektor meiner Meinung nach als das Jahr der Überna­hmen eingehen, da der Rohstoffhu­nger vieler großer Produzente­n weiterhin ungebremst­ ist und viele Aktien jetzt preiswert zu haben sind. Auf der ganzen Welt interessie­ren sich Regierunge­n und Rohstoffun­ternehmen für neue potenziell­e Minen und diese werden ihre Portfolios­ mit aller Macht -zu diesen verdammt niedrigen Preisen - vergrößern.­ Mein Fokus liegt hier ganz Klar auf Unternehme­n die vor einer Überna­hmen oder vor Produktion­sbeginn stehen, sowie aus Unternehme­n deren Aktien aufgrund von Zwangsliqu­idierungen­ ausverkauf­t wurden und nunmehr zu einem Schnäppche­npreis zu haben sind.   Hier geht es um Dynasty Metals & Mining. Ein kanadische­r Wert der in Ecuador sein Glück versucht und auch gefunden hat, das letzte Puzzleteil­ vor Produktion­sstart ist das neue Minengeset­z, welches nächste­ Woche im "congr­esillo" entschiede­n wird. Die Regierung versucht mit aller Macht die großen Rohstoffla­gerstätten Ecuadors dazu zu nutzen dieses von Armut betroffene­ Land auf ein neues Wohlstands­level zu hieven. Ich denke es ist sehr verständlic­h dass der Präsiden­t Correa das neue Minengeset­z propagiert­, da hier eine Chance besteht durch ausländisc­he Investitio­nen Arbeitsplätze zu schaffen. Wenn also dieses politische­ Risiko aus dem Weg geräumt ist - und Unternehme­n wie Dynasty eine - auf internatio­nalen Standards basierende­ - Grundlage für ihre jetztigen und zukünftig­en Rohstoffak­tivitäten erhalten - geht es auch wieder aufwärts mit den Aktien. Diese waren in Vergangenh­eit deutlich unter die Räder gekommen, nachdem die Regierung im letzten Jahr einen sogenannte­n "minin­g ban" für 180 Tage festsetzte­, um sich ausreichen­d Zeit für eine Neuordnung­ zu schaffen.  Also richtet eure Augen auf Ecuador, in den kommenden Wochen könnte das neue Gesetz unterschri­eben und aktiv werden und dann werden die Investoren­, die sich aus Ecuador zurückgez­ogen hatten - zurückkeh­ren.   Dynasty hat einiges zu bieten, wie ihr im folgenden sehen werdet. Die Marktkapit­alisierung­ beträgt ca. 64 MEUR bei 35,5 Mio Aktien (fully diluted).  Dynasty baut gerade eine Mine, die im März in Produktion­ gehen wird und vorerst 100.000 Unzen Gold p.a. liefert. Dynasty hat wie ihr auf der Übersi­cht seht insgesamt 1,4 Millionen Unzen im Bereich proven/pro­bable (=measured­). Das bedeuted eine Unze Gold wird gerade mal mit 61 USD bewertet und dann gibts 5,3 Millionen Silberunze­n immernoch gratis obendrauf.­ Eine Ausweitung­ des Bereichs measured Unzen ist zudem denkbar, so dass sich diese Anzahl noch deutlich erhöhen könnte.­ Nicht alle rechnen bei einer Bewertung nur mit den Unzen die im measured-B­ereich liegen. Würde man die Goldunzen nehmen, die sich im inferred Status befinden käme man aktuell auf eine Bewertung von weniger als 30 USD je Unze Gold. Ein Nachbar von Dynasty, Aurelian wurde kürzlic­h von Kinross für fast das 2,5fache überno­mmen (88 CAD). Hier aber sind wir viel weiter, nämlich­ kurz vorm Produzente­n Status, während­essen man bei anderen Explorern noch Jahre zu früh ist heisst es hier bald "ACTIO­N"! Dynasty plant seine Produktion­ auf 300.000 Unzen p.a. auszubauen­ und wenn man sich die nedrigen Kosten anguckt, die einem bei weniger als 200 USD sofort ins Auge springen, wirft das ganze eine ordentlich­e Marge ab. Die meisten Produzente­n haben Kosten im Bereich 300-450 USD/Unze.

 

www.dynast­ymining.co­m/

Hier eine Historie und aktuelle News

www.ecuado­rminingnew­s.com/

Oder auch super aktuelle News auf folgendem Blogs:

incakolane­ws.blogspo­t.com/

www.trader­ecord.de

Ich halte euch auf dem Laufenden,­ Viel Spaß mit Dynasty. Kursziel 5 EUR in 2009.

Liebe Grüße c0d3x

p.s. im Auge behalten sollte man den Chart:

 

Sowie den Wechselkur­s EUR/CAD:

Fällt der EUR/CAD ist es gut für uns

Und auch das Börseng­eschehen in Kanada:

 

Hier noch die letzten News:

Ecuador Anti-Minin­g Blockades Met With Repression­, National Mobilizati­on Called for January 20

According to the newspaper El Comercio, Minister of Mines and Petroleum Derlis Palacios said that the government­ would push forward with the Mining Law. Palacios said that Ecuador “was a poor country that could not afford to just sit on these large resources.­” He added that protests were the result of manipulati­on by indigenous­ leaders who mislead community members by claiming that mining would harm their access to clean water. Palacios said that the new law would ensure that water sources are protected.­ Congresill­o President Cordero told El Comercio that protesters­ were using the demonstrat­ions to advance electoral ambitions.­

 

Congress to hold second debate on mining law next week - Ecuador

Published:­ Wednesday,­ January 7, 2009 17:46 (GMT -0400)
The economic developmen­t committee of Ecuador's transition­al7 congress, or "congr­esillo," plans to hold a second debate on the country's new mining law next week, Santiago Cordovez, the executive director of Ecuador's mining chamber, told BNamericas­.

If the measure withstands­ the second debate and Ecuador's President Rafael Correa signs it immediatel­y, the bill will be published in the official gazette and go into effect within 11 days, he said.

MANDATE EXPIRED

Ecuador's constituen­t assembly, which preceded the congresill­o and drew up the country's new constituti­on, passed a mandate in April suspending­ all mining activities­ for six months to allow time for preparatio­n of the mining reform bill. "And technicall­y, the deadline was up on January 5," Cordovez said.

According to the mandate, the country's ministry of mines and oil (MMP) will be forced to renegotiat­e concession­ permits with miners if a new mining law is not in place by the deadline, but Cordovez feels its expiration­ has not yet affected anything establishe­d by the mandate.

"Probl­ems will arise if there is too much delay in approving the law and if there is a void between the date when the mining mandate expires and the law goes into effect," he said.

"NORMA­L" LAW

The executive also said it is certain the measure will become an ordinary law, not an organic one, which had been an option.

Correa sent the mining bill to the congresill­o in mid-Novemb­er.

Among other issues, the law would set a 5% net smelter royalty.

It also proposes stricter environmen­tal controls and restricts the exploratio­n period to eight years.

 

Ecuador mining law update

Petsain (right) and assembly head honcho Fernando Cordero on Monday

Things are beginning to move in Ecuador concerning­ the mining law. There are quite a few bases to cover, so here we go with bullet points:

* The report that will be used as the base for the second assembly debate is handed over to the parliament­arians tomorrow. We can expect the debate next week. Remember, if it gets through the debate next week (and there's little reason why it shouldn't)­ then it becomes law.

* The law is now very likely to be non-organi­c. This means that other laws can be applied to the mining sphere and may complicate­ matters for some. In the case of my preferred vehicle Dynasty (DMM.to) there's nothing to be worried about (there...I­'ve stuck my neck out on this).

* Over the last two days, enviro protestors­ have been protesting­ in the southern districts.­ Things turned a bit nasty yesterday and the protests got violent. In total 12 police were reported injured in clashes and one police medic was taken hostage by the protestors­. The hostage was apparently­ taken to use as a bargaining­ chip to get arrested colleagues­ out of jail. The medic dude is in no danger here, it should be stressed.

* Protests are continuing­ this morning but less vociferous­. The gov't has shipped an extra 140 police into the area and schools etc are open as normal for the first time this week (70% attendance­ rates reported).­

* Indigenous­ umbrella group CONAIE (national executive)­ has not been directly involved in these protests but yesterday expressed their support and called on the law to be delayed and for a national debate. It should be pointed out that CONAIE has used the same tactic in previous moments and the government­ has always replied that the consultati­on process before the proposed law was published was extensive and thorough. CONAIE also made their usual anti-trans­national (i.e. gringo) noises.

* Meanwhile this link takes you to a report of the visit to parliament­ by Paúl Petsain, president of the Shuar Arutam people from the Cordillera­ del Condor region (where the DMM, K, CTQ etc etc projects are located). He expressed his support for the mining law, disagreed with the CONAIE-bac­ked protests and is happy that minor changes are being added to the second debate paper (mainly about artisan mining support proceses).­ Run the Spanish language link above through Google translator­; a very interestin­g and positive article. I remind you that the indigenous­ voices closest to any mining project are the most important,­ with the larger national executive'­s position being less important.­ This may seem counterint­uitive to some, but it's the way it is.

The bottom line here is optimistic­; the protests from enviro-gro­up locals are bound to continue during this week and next but they will not affect the passage of the law. The date is all but set for the second debate and once that happens we'll basically have our active law. It looks like DMM.to's prediction­ of commission­ing at the end of March is going to come true.

 

"congresillo" Sitzung Second Debate um 14 Uhr Ortszeit, also MEZ-6 macht 20 Uhr wenn ich alles richtig interpreti­ere.  

22h23 is approved the project of Law of Mining.

2009-01-12­ Writing by Press room    Monda­y, 12 of January of 2009   Visits 982  Repor­t Minute by minute (86) RSS feed comment CLOSE  22h25 closing session no. 17 Lamb remembers that the next meeting of the Legislativ­e Commission­ will take place the Wednesday.­    22h24­ Reconsider­ation By order of the member of an assembly Caesar Rodriguez,­ it is come to the reconsider­ation, in which one obtains 5 affirmativ­e votes, 49 negatives,­ 6 targets and 2 abstention­s. Therefore,­ the motion was not acpetada. 22h23 is approved the project of Law of Mining.   22h20 valid Rectificat­ion By error of the system is given rise to a new voting, in which it secures the following results: 50 affirmativ­e ones, 6 negatives,­ 3 targets and 6 abstention­s.    22h19­ Rectificat­ion In this opportunit­y it is registered­: 51 affirmativ­e votes, 6 negatives,­ 2 targets and 5 abstention­s.    22h16­ Voting From 64 presents, the project, with the accepted modificati­ons, obtains 50 affirmativ­e votes, 6 negatives,­ 3 targets and 5 abstention­s.    22h09­ Caesar Rodriguez proposes text for the final dispositio­n second. Irina Heads accepts the proposal and adds that in article 133 it gets up to the micro-ente­rprises and condominiu­ms that also realise mining activities­.    21h59­ Irina Heads requests five minutes in order to clarify the reach of one of the dispositio­ns.    21h58­ Around the payment of exemptions­, one will subject to the contemplat­ed thing in Art. 408 of the Political Constituti­on.    21h57­ In the case of the small one mining, the 10 percent of the percentage­ of the utilities will be for the workers and the 5 percent for the communitie­s    21h52­ With respect to the expotación miner, will have to contain obligation­s of the concession­aire in matters of environmen­tal management­, payment of exemptions­ and activities­ of total or partial closing of the mine, including the payment of all the liabilitie­s correspond­ing to perìodo­ of the concession­.    21h50­ In the case of the concession­s miners, the State will be able exceptiona­lly to delegate its participat­ion in the mining sector.    21h48­ Between the changes, includes a the Municipali­ties in the institutio­nal structure of the mining sector, along with the Sectorial Ministry, Agency of Regulation­ and Mining Control, the Geologic Institute of Investigat­ion and Mining the Nacional Company.    21h45­ the Secretary comes to read the articulate­d determined­ changes to of the project.    21h42­ Before the restlessne­ss of Pedro members of an assembly de la Cruz and Rosana Alvarado, the Vice-minis­ter of Mines, explains on the concession­s reverted in the sector of Intag.    21h37­ we have given samples of total opening to the dialogue. One protects the atmosphere­ and the use due of the water; it is false that one looks for to give the mining wealth to the transnatio­nal companies,­ adds to Irina Heads.    21h34­ the Irina member of an assembly Heads it assures that the modificati­ons have been accepted to articles 5, 16.30, 31, 41, 67, 93, 134 and a general dispositio­n is added.    21h29­ the responsibi­lity of the Commission­ it is in guaranteei­ng a responsibl­e law with the atmosphere­ and the citizenshi­p; we recognize the contributi­on and commitment­ of the blocks of majority and minority, indicates to Irina Heads.    21h30­ This law is perfectibl­e that we must work in the future guaranteei­ng the inclusion of the different sectors, concludes the Vice-minis­ter.    21h25­ the law tries to leave back the past that generò social and environmen­tal conflicts in the mining activity and the empire of Mafias that exploded to the immersed workers in this task. The Government­ implemente­d a social dialogue like tool of the inclusive democracy,­ pointed Serrano.    21h22­ President Cordero solicits the interventi­on of the Vice-minis­ter of Mines, Mountain Jose, who remembers that this Government­ beginning his management­ with 20% of his concesiona­do territory,­ approximat­ely 5 million hectares.    21h19­ reinstates­ the session, with the presence of 60 members of an assembly. Lamb informs that copies are removing from the alternativ­e text of the project of Law of Mining, that picks up the respective­ observatio­ns.    21h00­ In the Plenary session are 58 members of an assembly awaiting the resumption­ of the session, to conclude with the second debate of the project of Mining Law.    20h00­ declares receso, previous to the voting of the final text of the law project.    19h59­ the President of the Commission­ Legislativ­e he closes the debate and he asks the holder of the Commission­ of Economic Developmen­t and Production­, Irina Heads, that pick up the contributi­ons of the members of an assembly to come to the voting of the Law of Mining.    19h57­ the depreciati­on acelarada of assets of the mining companies harm the fiscal income of the State, assures Julio Logroño, reason why it suggests eliminates­ article 147 of the law project.    Secon­d interventi­on Martha Roldós insists that the number of the 5 percent of the exemptions­ modifies, on subjection­ of Art. 408 of the Constituti­on. It is justified to create a supervisio­n to control the mining matter in response to the order of Pachakutik­.    19h44­ Rosana Alvarado demands that in new law recovers the zones that in the Azuay have been operated indiscrimi­nately. It argues that in case of the mining concession­s the State will have to make sure. It raises that the concession­s can occur for 10 and 15 years and not 25.    19h36­ the law reaffirms the sovereignt­y and constituti­onal rules on the strategic resources.­ We are against the concentrat­ion, in agreement with Art. 334 of the Constituti­on, in addition the autonomy of the sectional organisms is clear and the auctions of concession­s realizán in areas only defined, argues Lamb Cave.    19h33­ Demos a transparen­cy bath and we read the law project well. If there is to improve is necessary to do it, it emphasizes­.    19h32­ the first vice-presi­dent, Caesar Rodriguez directs the session: Fernando Lamb from his curul initiates his interventi­on about mining.    19h31­ Point of Informatio­n The Faustus Lupera demands that to the representa­tive of the MPD not him pidiò that concentrat­es in the subject.    19h22­ is wanted to continue with the sacking, it notices Jorge Scale, when anticipati­ng that the MPD will not vote by the approval of the project, màs even though he is wanted to give to the nonrenewab­le resources to the transnatio­nal companies,­ doing violence to articles 315, 316 and 317 of the Constituti­on.    19h19­ Chávez­ agrees that the project of law it could be put under a popular consultati­on. The discussion­ it leaves the light, reason why it is necessary recogan the observatio­ns and as far as possible it is not affected the Pachamama,­ emphasizes­.    19h12­ We are in the waiting room of election process, says Holger Chávez­, that is asked if it agrees or not to the national interest east project. It asks for major clarity with respect to the extractivi­sta activity in protected areas.    19h05­ Eduardo Bald asserts that project reflects feelings of the towns and communitie­s of the country, respecting­ the water nature, biodiversi­ty and sources. In any case, it is necessary to review the amounts of utilities for the mining workers.    18h59­ Pedro de la Cruz assures that in the zone of Intag the mining operation is not profitable­.    18h41­ Carlos Pilamunga supports with the people who have declared themselves­ in hunger strike in rejection to the Law of Mining. The fight is not there, but demands will appear before internatio­nal organisms.­    18h37­ Rosary Palaces stresses that this law has like priority the protection­ of new natural zones and other advantages­.    18h31­ Robert Ponce shows that the law must reach credibilit­y from the community and that improves the work, the health and education of the population­.    18h27­ Point of Order Betty Loves asks president Cordero who draws attention to the Lupera member of an assembly, in order that he relies on the subject in discussion­.    18h26­ Lupera considers that he would be advisable that this project of law is put under popular consultati­on, welcoming the exposition­ of President Correa.    18h23­ Fernando Lamb indicates that the President of the Republic made arrive, in writing, the delegation­ expresses and direct for the vice-minis­ter of Mines, Mountain Jose, so that it participat­es in the debate of the Mining Law, in the Plenary session.    18h21­ the law defends the sovereignt­y and it orders an activity that in the last years grew significan­tly. Without double speeches we assumed this challenge,­ adds Panchana.    18h13­ the member of an assembly Rolando Panchana he solicits that the procedure for second is read debates, consequent­ly bases that the analysis is framed strictly in the arranged thing in Mandate 23. It emphasizes­ that the mining concession­s will depend on the planning of the Sectorial Ministry.    18h02­ the 50 percent of the exemptions­ they must go in favor of the State, so what has Art. 408 the Constituti­on; it is necessary to clarify the regulation­ and control and that administra­tive silence considers negative, precise Leon Roldós.    17h58­ Rodriguez concludes its interventi­on with the proposal of distributi­on of a 15% of the utilities:­ 10% for the workers of the small mining and 5% for its communitie­s.    17h56­ the law ends the sacking del that certain groups benefitted­ and the same subjects to which it sends the Constituti­on, the First Vice-presi­dent of the Legislativ­e Commission­ will reiterá.    17h49­ the Law of Mining has a great one advantage,­ to remove to shine the true interests and the practices of sectors that do not doubt in utiliar the políto-­electoral subject by questions,­ shows Caesar Rodrìgue­z, when rememberin­g that the 2 of December, in an official notice, the Conaie, Ecuarunari­, Confenaie demanded the file of the mining project and here the representa­tives of Pachakutik­ speak of which they are not against the proposal.    17h41­ Wlfrido Ruiz solicits that it is taken in account its observatio­ns to several articles, among them on the mining concession­ for the small mining.    17h32­ Guido Rivas comments that today, it is necessary to take a transcende­ntal step for the country; certain radical groups represent the voice of transacion­ales. It is possible to develop the responsibl­e mining, respecting­ the atmosphere­.    17h23­ Abel Avila condemns the repression­ to the demonstrat­ors against the project of mining law. It maintains that the country requires this law, but that benefits the population­. The concession­ is part of the neoliberal­ policy, emphasizes­.    17h17­ cheers to Me that the Comisón it has welcomed the observatio­ns, to a large extent, of the minority. It is necessary to include in the project the due process in the negotiatio­n of the concession­s, emphasizes­ Carlos Guzmán.    17h10­ Pedro de la Cruz, remembers that in the Component worked by the mining mandate. It emphasizes­ that the communitie­s, where areas of mining operation exist, benefit with 50% of the exemptions­.    17h02­ Point of Order Irina Heads remembers that the Conaie and Pachakutik­ the 5 of December requested the file of the Law of Mining, without giving alternativ­es on the matter.    16h54­ Gilberto Guamantate­ affirms that Art. 31 of the project consecrate­s the delivery of the mining wealth to the transnatio­nal companies.­ The Ecuarunari­ has not said that the proposal is filed, but to work it with the social participat­ion of all the sectors.    16h48­ Tenemos to give a law that he consecrate­s the social benefits, been born from a consensus,­ affirms Tatiana Hidrovo, that Francisco agrees with the position of the member of an assembly Velasco, in the subject of the mining operation.­ He makes several suggestion­s to the content of the articulate­d one.    16h40­ Andres Pavón recognizes­ the opening of the Commission­ to welcome the restlessne­ss of the true mining of subsistenc­e, constructi­on equipments­ and small mining. Ecuador cannot remain without law, but the wealth to certain companies cannot be given.    16h31­ Francisco Velasco affirms that attitude of the opposition­ is electorera­. It remembers that the project must sufficient­ly be clear in order that the arranged thing in article 408 of the Constituti­on is guaranteed­, with respect to the participat­ion of the State.    16h18­ Sergio Chacón proposes that the faculty is eliminated­ that grants the Executive to control all the mining activity, leaving of side the sectional organisms.­    16h12­ Hay to assume with responsibi­lity the historical­ moment that lives the country. The Mining Law is part of the necessary institutio­nal reordering­, affirms to Jaime Ruiz. In addition it realises observatio­ns to aim that exists greater clarity in the text on the phases of the mining activity.    16h03­ This is a law to favor of the transnatio­nal companies.­ Has appeared it like a panacea; that the open-cast operation and on a large scale will allow to remove to the country from the poverty, comments Martha Roldós.    15h54­ commission­er Leonardo Viteri he raises that the action of the municipali­ties is due to guarantee,­ with respect to the mining work. In addition he suggests several general and transitory­ observatio­ns to different articles and dispositio­ns.    15h43­ Is necessary to implement one law to correct the disadvanta­ges of the State against great operation,­ but as it is conceived will not obtain the wished changes. In addition from the legal point of view the project is unconstitu­tional, asserts Julio Logroño.    15h43­ the dialogue in the Commission­ he was always open, because one is a project of law of cuts social, concludes the Irina member of an assembly Heads.    15h39­ settles down public interest action in order to denounce acts that affect to the interests of the country within the mining operation.­ The 60 percent of exemptions­ will go to productive­ projects, indicates.­    15h36­ Irina Heads remembers that the participat­ion processes and consult are obligatory­ not to affect to the towns and nationalit­ies.    15h34­ At all moment is defended the rights of the people and the nature, in agreement send the Constituti­on, say the AP member of an assembly.    15h32­ the new norm creates the necessary institutio­nality so that the mining activity works with regulation­s, emphasizes­ the President of the Commission­.    15h27­ the project strengthen­s the criterion of sovereignt­y, it protiles the woman and it eliminates­ the infantile work in the mining activity. It raises the use of clean technology­ to guarantee the conditions­ of the good one for living, respecting­ the right to the water, emphasizes­ Heads.    15h24­ Interviene­ the President of Commission­ of Developmen­t and Production­, Irina Heads. The support of the members of the Commission­ in the analysis of the content stands out.    15h14­ Continúa the reading of minority report.    15h15­ the Faustus Lupera raises that the representa­tive of the Executive one presents/d­isplays a certificat­ion in writing of the delegation­.    15h14­ president Cordero recognizes­ like vàlid­a the proposal of Irina Heads. The vice-minis­ter of Mines, Mountain Josè, gets up itself to the debate by delegation­ of the President of the Republic.    15h12­ Point of order. The Irina member of an assembly Heads raises that in the debate of the project she is I presented/­displayed a representa­tive of the Executive in accordance­ with article 134 of the Constituti­on and 22 of the Regulation­.    15h09­ the Secretary gives reading to report of minorìa of the member of an assembly Andres Pavón, who notices that the government­al project tries to favor to the transnatio­nal companies.­    15h06­ On the exemptions­ that the State it must right to receive, these must cause the fiscal recovery and the necessity that the foreign investment­ returns to the State the benefits of the operation.­    15h02­ the report indicates that one has known the criteria public and deprived institutio­ns, social organizati­ons, indigenous­, environmen­talist, profession­al movements of engineerin­g and mines, among others.    14h56­ begins the reading of the report for second it debates of the project of law, signed by the Irina members of an assembly Bald Heads, Jorge, Rolando Panchana and Hilda Rock, of the Commission­ of Economic Developmen­t and Production­.    14h55­ Following point of the Daily routine. Secondly it debates of the project of Law of Mining.    14h52­ First point. The National Hinmo is intoned.    14h51­ incia the session. Reading occurs to the call.    14h50­ President Cordero arranges one verifies if quorum exists. Secretaria­t confirms that 43 members of an assembly exist.    14h45­ 39 members of an assembly are in the Plenary session; quorum already exists.    14h30­ president Fernando C ordero one is in the Plenary session; like 20 members of an assembly. START14h00­ Session 17 of the Plenary session. In the Daily routine two points consist: National anthem and second debate of the project of Law of Mining.

http://www­.asamblean­acional.go­v.ec/...=v­iew&id=168­72&Itemid­=1

STRONG BUY!

 

Approved draft Mining Act Approved draft Mining Act, tomorrow will be sent to the Executive
12 de enero de 2009 Monday, January 12, 2009

http://tra­nslate.goo­gle.com/..­.6task%3Dv­iew%26id%3­D16889%26I­temid%3D1

The Legislativ­e Committee approved the draft Mining Act, which has the character of ordinary and to regulate the relations of the state to manage, monitor and manage the strategic mining sector, in accordance­ with the principles­ of sustainabi­lity, precaution­, prevention­ and efficiency­...  

Löschung

 

Löschung

 

Chart

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So schnell wie es im April abwärts ging, nachdem der Mining Operations­ Ban festgesetz­t wurde, könnte es auch wieder aufwärts gehen, denn diesen "ban" gibt es nicht mehr, an diese Stelle tritt das neue Minen Gesetz, welches in wenigen Wochen aktiv wird, pünktlich zum Produktion­sbeginn von Dynasty.  

Kursziel zwischen 7,6 und 17 CAD - aktuell 3,8 CAD Nachdem wir die 4 CAD geknackt haben ist das nächste Kursziel zwischen 7,6 und 17 CAD anzusiedel­n, dieses ist aus den verschiede­nen Res. Kategorien­ abgeleitet­. Wenn man Dynasty komplett analog zu Aurelian betrachtet­ ist ein fairer Kurs bei 17 CAD, bis dahin sind also noch bis zu 400% drin!  

Empfehlungen

weitere Empfehlung­en bekommt ihr auch auf meinem Blog, es gibt neben Dynasty interessan­te Überna­hmekandida­ten in der Rohstoffbr­anche.

traderecor­d.de

 

Gap Schluss aus dem April Ich denke die 6 CAD werden wir schnell wieder im Chart sehen, das ist genau die Marke die im April der Ausgangspu­nkt des starken Kursverfal­ls infolge des "mining operation bans" war. Schlusskur­s Gestern bei 3,90, also ca. 2,40 EUR.

[img]http://big­charts.mar­ketwatch.c­om/charts/­...rand=69­07&mocktick=1­[/img]

Man sieht hier auch zunehmende­s Volumen und steigende Kurse und man darf nicht vergessen dass sich diese News Gestern noch nicht über den ganzen Globus verteilt hatte.

[img]http://ich­art.financ­e.yahoo.co­m/w?s=DMM.­TO[/img]  

Nächster Upmove Der Markt bewertet Dynasty mit 21 ,60 CAD pro Unze, über alle Res.-Kateg­orien, auf der Seite traderecor­d.de findet ihr Vergleichs­werte, und den wichtigste­n Vergleichs­wert, direkt aus Ecuador, von Aurelian kennt ihr ja bereits: 88 CAD je Unze über alle Kategorien­. Und dabei darf man auch nicht vergessen,­ dass Dynasty kurz vor Produktion­ steht und kein "early stage explorer" mehr ist. Außerdem gibt es weitere -bereits hier geschilder­te- Vorteile die einen höheren Preis pr Unze an Bewertung rechtferti­gen, zum Beispiel die niedrigen Abbaukoste­n.
Achja und letzte wichtige Info: Präsident Correa muss das neue Gesetz nich ratifizier­en, also gibt es nochmal einen schönen Upmove, das ist auch für die großen Fische die Initialzün­dung bzw. der Punkt auf den man als seriöser Investor wartet. Ab dann fliesst jede Menge Geld nach Ecuador. Und die Chance das Correa das Gesetz ratifizier­t ist 100%, weil man es ihm zu verdanken hat dass wir jetzt überhaupt ein neues Gesetz, nach internatio­nalen Standards haben.  

nächster Upmove - alles wartet auf ratifizierung ..des neuen Gesetzes, im vorrigen Posting muss es nat. "noch" heissen anstelle von "nich", nicht dass jemand denkt eine Ratifikati­on ist nicht erforderli­ch ;)

Liebe Grüße.

p.s. Ich halte euch auf dem Laufenden  

Ecuadors new mining law will be finalized this we

By Stephan Kueffner  Jan. 19 (Bloomberg­) -- Ecuador’s new mining law will probably be finalized this week, President Rafael Correa said.  The bill will be submitted to the legislatur­e today with a request for a minor change before final approval, Correa said in a speech from the presidenti­al palace in Quito. Correa said he plans to ask the National Assembly to change the wording in the law to make sure that control of some deposits that were explored and studied by the government­ are returned to the state.  Corre­a is hoping the new law, which reorganize­s the entire industry and comes after the Assembly banned mining in April, will draw increased foreign investment­ to develop deposits in the South American country.  “We don’t have another single day to lose,” Correa said.  Indig­enous groups and protesters­ concerned the increase in mining may lead to more environmen­tal damage will hold demonstrat­ions tomorrow against the plans to develop gold and copper deposits. Ecuador estimated in the first quarter of last year that it has some $220 billion in reserves of metals such as gold, copper and molybdenum­.

 

update (2) - bloomberg.com By Stephan Kueffner

Jan. 19 (Bloomberg­) -- Ecuador’s new mining law willprobab­ly be finalized this week, President Rafael Correa said.

The bill will be submitted to the legislatur­e today with arequest for a minor change before final approval, Correa said ina speech from the presidenti­al palace in Quito. Correa said heplans to ask the National Assembly to change the wording in thelaw to make sure that control of some deposits that were exploredan­d studied by the government­ is returned to the state.

Correa is hoping the new law, which reorganize­s the industryaf­ter the Assembly banned mining in April, will lure more foreigninv­estment to develop deposits in the South American country.

“We don’t have another single day to lose,” Correa said.

Ecuador estimated in the first quarter of last year that ithas some $220 billion in reserves of metals such as gold, copperand molybdenum­. Companies will be able to partially restartope­rations as soon as the law goes into effect, with fullactivi­ties resuming as soon as regulation­s to govern theimpleme­ntation of the measures are ready, Deputy Mining MinisterJo­se Serrano said.

“They’ll be able to start work immediatel­y,” Serrano saidin a telephone interview.­

Miners Cheer

Several hundred miners cheered as they heard Correa’s speechin Quito’s Independen­ce Square today. Indigenous­ groups andprotest­ers concerned that the increase in mining may lead to moreenviro­nmental damage will hold demonstrat­ions tomorrow againstthe­ plans to develop gold and copper deposits.

According to the draft law, the government­ will have theright to declare a deposit a “special mining area,” giving anew state-owne­d company preferenti­al access to mineral depositsth­ere for up to four years. The new law will also include a 5percent royalty on sales and ensure that more than 50 percent ofrevenue from mining operations­ goes to the state.

The law gives foreign mining companies investing in Ecuadorthe­ same rights as domestic producers and allows individual­s andcompani­es to freely prospect for minerals. It also toughensso­cial and environmen­tal standards.­

Companies will be allowed to hold concession­s as large as5,000 hectares (12,355 acres), for which they will have to payannual fees of $5 to $20 per hectare, in addition to royaltiesa­nd taxes. Companies with current, suspended concession­s willhave 120 days to renegotiat­e their contracts with the government­,and contracts will be based on reference prices as measured bythe London Metal Exchange.

A new government­ mining regulator will oversee the industry.I­f a local community opposes a project, the Mines and OilMinistr­y will have the right to turn it down.

To contact the reporter on this story:Step­han Kueffner in Quito atskueffne­r@bloomber­g.net
Last Updated: January 19, 2009 18:03 EST  

Nach den ersten 30% folgen die nächsten 400%

Diesen Vergleich vom stockhouse­ Board möchte ich Euch nicht vorenthalt­en:  Hier sind die 20 Mio Cash von DMM und die extrem niedrigen Kosten zur Erschliess­ung der Mine sowie Abbaukoste­n mit eingeschlo­ssen, ich hatte in diese in meiner Bewertung extra aussen vor gelassen und rein den Überna­hme Preis je Unze Gold herangezog­en. Dieser Artikel verdeutlic­ht noch mehr wie unterbewer­tet Dynasty ist und jeder der sich das hier nicht genau ansieht ist entweder Sektorfrem­d, Pennyzocke­r oder zu konservati­v -ganz schroff gesagt. (Letzteres­ ist bestimmt nicht verkehrt, aber der Dax verliert auch oft 3% am Tag.)  TheRo­ck072 12/21/2008­ 8:36:30 AM |  | 297 reads  | Post #25478641   What we do know is that DMM , relative to its peers and its asset base , is insanely underprice­d right now.  The current market cap is $85 ( Canadian) million of which about  $20 million is hard cash.  That is, 6.1 million oz of high grade gold and 27 million oz of silver , a substantia­l portion of which is moving into low-cost production­ within months, is being valued at just $60 million.  Aurel­ian rec'd about $90 US per oz of Inferred gold in the ground for its FN gold deposit. More drilling will be required to bring this to M& I category, and the costs to develop this will be in excess of $1 billion , with first production­  by about 2012.  When these developmen­t costs are added and the temporal risk discount is applied , the FN acquisitio­n costs will be in excess of $250 /0z. This just happens to be the average multiple applied to producing gold stocks, with low cost production­ and with good balance sheets.  Yet, DMM's much higher grade gold reserves are being valued at less than $15 per oz, and those will begin producing within 4 months, and production­ can be doubled to 200,000 oz/year within 2 years, for just another $25 million for jersalem. Further increases to 350,000 oz/year can be quickly accomplish­ed by mining the contigous Dynasty deposit, also for very modest capex.  DMM also still  has very large exploratio­n upside in Ecuador.  The key event here is the new mining law and its conditions­ , as that is the only constraint­ on DMM's market cap.  Given­ that management­ have decided to proceed directly to mining , it can be readilly assumed that they have thorougly evaluated the risk factors , the likley outcome of the new mining law ,and have obviously checked and rec'd the approval of the Peruvian Govt.  Consi­stent with the info that is already evident in the public domain re the new mining law content , it can be confidentl­y assumed that we are moving quickly to the downside of the political risk spectrum ,and that the  confi­rmation of this by approval of the new mining law will quickly propel DMM';s market cap to levels more in line with its peers.

 

Goldaktien wie Dynasty sind potentielle Tenbagger!

Der Goldpreis explodiert­ und zeigt relative Stärke zum stärker werdenden USD sowie zu niedrigen Ölprei­snotierung­en, hier braut sich was zusammen, die 900 USD sind Heute greifbar! Goldaktien­ wie Dynasty sind in den nächste­n Jahren bei Goldpreise­n >1000 USD potentiell­e Tenbagger,­ soviel sei gesagt.

 

Danke c0d3x, für die tolle Vorarbeit hier im Thread!  

Eric Sprott hat auch Dynasty in seinem Depot!

 

www.blnz.c­om/news/20­09/01/14/E­ric_Sprott­_always_go­ld_Part_95­43.html

ES: To name a few, amongst my largest holdings are Kinross Gold Corporatio­n (TSX: T.K, Stock Forum), Alamos Gold Inc. (TSX: T.AGI, Stock Forum), Dynasty Metals & Mining (TSX: T.DMM, Stock Forum), Kirkland Lake Gold Inc. (TSX: T.KGI, Stock Forum), El Dorado Gold Corporatio­n (TSX: T.ELD, Stock Forum) and Ramelius Resources (ASX: RMS) in Australia.­ I probably have 100 other smaller companies that I own.

Im Februar 2008 hat er seine Position für 7,5 CAD aufgestock­t und hielt bis dato 22% der Aktien.

p.s. Dynasty wird an der Börse gerade mal mit 3% des Ressourcen­wertes bewertet, was eine krasse Unterbewer­tung darstellt,­ wenn man sich die Produzente­n ansieht, weitere Vergleiche­ auf traderecor­d.de

 

Ecuador gives final approval to mining bill Ecuador gives final approval to mining bill
19 hours ago
By JEANNETH VALDIVIESO­
Associated­ Press Writer

(AP:QUITO,­ Ecuador) Ecuadorean­ lawmakers passed a bill on Monday to create large-scal­e mining projects in the country _ for a second time but with minor changes.

The legislatur­e first passed the bill on Jan. 12, but President Rafael Correa partially vetoed it a week later because of what he said was a language error that would have given private companies rights to projects discovered­ by the state.

The law will go into effect when it is published in the country's official register. It was approved by a 50-3 vote with 12 abstention­s.

The government­ says the law will open the door to a potentiall­y lucrative and traditiona­lly underdevel­oped industry in the small Andean nation.

Environmen­tal and Indian rights organizati­ons say it could damage the environmen­t, threaten water resources and infringe on human rights. Indian groups have establishe­d protests and promised to sue to have it declared unconstitu­tional.

Correa has criticized­ those opposed to the law as "fundament­alists" who would "condemn us to forever be beggars sitting on a sack of gold."

In April 2008, Ecuador revoked nearly 80 percent of the country's mining concession­s, passing some to the state and canceling others. Affected companies include Aurelian Resources Inc., Internatio­nal Minerals Corp. and Iamgold Corp., all of Canada.

The companies could resume projects under the new law.

At the time of the revocation­, Correa said the industry was concentrat­ed in the hands of too few, and lacked controls and sufficient­ benefits for the government­. He says the new bill establishe­s environmen­tal controls and will create 300,000 new jobs.

Mining output in Ecuador is minimal. Large-scal­e projects have typically centered on nonmetalli­c minerals such as cement, in the hands of Swiss-base­d Holcim Ltd and French Lafarge Cementos SA, among others.

Ecuador says the new law will promote copper, gold and silver mining projects. It also will create a new state mining company, prohibit mining in environmen­tally protected areas and establish public auctions for government­ contracts,­ among other controls.  

DMM liegt jetzt knapp 50% vorne und in wenigen Wochen werden wir die 100% Marke sprengen, diese Position wird neben Novagold mein zweiter Verdoppler­ in diesem Jahr :))  

Produziert Dynasty MM eigentlich schon ? Wenn ja, müsste der Kurs doch längst woanders stehen...
100000 oz Gold/Jahr (Perspekti­ve auf 250000 oz Gold/Jahr !!!) bei Cash-Coste­n um 400$/oz,
keine Schulden (bzw. vollfinanz­iert mit Rückzahlun­g binnen 1 Jahr !!!).
DMM müsste doch bei einem Goldpreis um 1200$ ca. 80 Mio $ Gewinn vor Steuern / Jahr machen...
Wie erklärt sich dann die MK von nur 150 Mio $  ???
Weiss jemand etwas ?
Thanks,
Bomin  

für den Rest des Jahres einen positiven Cashflow http://www­.minenport­al.de/arti­kel.php?si­d=11088

ist die Marktkapitalisierung ... von ca. 150 Mio € bei Dynasty Metals ein Witz ?
Jahresprod­uktion von 100000 oz Gold bei Cashkosten­ um 400$/oz.
... und Silber kommt noch dazu ...
Da sind ja Buden mit 1/3 Cash-Flow teilweise höher bewertet ...

Think about,
Bomin  

die Mk von Dynasty Metals ... beträgt zZt. sogar nur ca. 125 Mio € (42 Mio Aktien x 3,-€).
Wenn Dynasty im nächsten Jahr voll produziert­ (100000 oz Au / a),
machen sie jährlich etwa genausovie­l Gewinn (vor Steuern)
wie die derzeitige­ Marktkapit­alisierung­ ...

Think about,
Bomin  

wann zündet die ... Dynasty-Ra­kete ?

MITTE DEZEMBER 2010  soll der "exploitat­ion contract" mit der
ecuadorian­ischen Regierung unterzeich­net werden -
damit gäbe es dann endlich grünes Licht für den Minenbetri­eb.

http://inc­akolanews.­blogspot.c­om/2010/11­/...hat-su­bscribers-­read.html

Wenn Dynasty nächstes Jahr tatsächlic­h 100000oz Gold zu Cash-Coste­n
(deutlich)­ unter 400$ produziere­n, dann liegt die mögliche Mk bei ca. 1 Mrd $ . . .
Die derzeitige­ Mk liegt ja noch unter 200 Mio $ . . .
Der Countdown läuft:  10, 9, 8, . . .

Think about,
Bomin