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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LoneClone who wrote (77702)11/11/2021 8:15:26 AM
From: james flannigan  Read Replies (1) of 77826
 
50% of tax revenue of the DR is from mining.If it wasn't for Barrick and its advance of future tax obligations that it paid about $300 million in advance of future profits for a yrs worth the DR would have gone bankrupt due to covid halted tourist travel.They the DR need mining to not end up like Haiti who has no rule of law and permits nothing and that keeps the country lawless and in poverty as one of the poorest countries in the world.The new DR president Abinader is Harvard educated in free market business economics.Some of his cabinet is from the Stern School of Business.But he is up against tough opposition by some wealthy crooked people who don't give a dam about the enviro other than to use it to extort bribes to permit mines.I have no idea if he can issue permits,but make no mistake about it Barrick will get its tender with in days.At any rate inflation is running red hot so gold is going higher. With that tail wind and a "possible" permit this yr or early next yr GQC could have a big score for investors buying the shares today.I do not suggest any one to buy GQC unless you think you understand it well.:https://www.elorientadorrd.com/2021/11/de-aprobarse-proyecto-minero-romero-san.html If Romero mining project is approved, San Juan would be one of the most prosperous provinces in the DR Freddy Medrano Mercedes November 10, 2021 SANTO DOMINGO, Dominican Republic . - If the environmental studies that the Goldquest firm would carry out on the Romero mining project determine that it does not affect water or agriculture, San Juan would become one of the most prosperous and educated provinces in the country. This was raised this Wednesday by investment promoter Fernando González Nicolás, who said that the executives of the Romero project are only waiting for the Government to authorize environmental studies in the San Juan province. The president of the Board of Community Countries in the Dominican Republic said that, if the environmental studies determine that the mining project is possible, the technicians' recommendations would be accepted. González Nicolás recalled that Goldquest Corporation, which has recognized solvency in responsible mining and that its investors come from the Commonwealth countries, such as Canada and Great Britain .
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