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. We spoke with Dan about the most important facts and the future of Corriente Resources.Dan, let’s assume that you would be Senior Vice president of a company that owns a 100% interest in a multi-million ounces of gold – and a multi-billion pounds of copper - project in Ecuador, the project’s ability for an economic production has been proved by a feasibility study, the infrastructure around the project is good, it has access to a shipping-port, it owns all reasonable permits for production and the company lies in the focus of potential take-over bidders. What would you say?$At a time where the world is turning its attention towards the question „where should the future copper deposits come from“ to satisfy the demand in the next decade or two, there are not many new copper districts that are ready to be turned on. We own a port facility at the coast which is permitted to be built, we own a 100% of a copper district with over 25 billion pounds of copper already discovered through a feasibility study and through technical reports following the feasibility study at Mirador. We have multiple locations to build and hydro power projects. Power is one third of your operating costs for a copper facility. It is one of the more important questions when you look at copper districts, how you can power it.$0We have spent a decade with the indigenous leaders, the community leaders; we enjoy an incredible support at a federal level. Ecuador currently is over 90% in favor of responsible mining, also supported by the president of the country, what is very important.Corriente and Kinross are projects of national investment importance in Ecuador and these two projects will kick off Ecuador'smining future.$0As the senior vice president and a co-founder of the company I believe that in the current days, the Corriente Copper Belt is the only copper district in the world that is ready to be turned on. This copper district is one that can be immediately forwarded by a major company, following a potential transaction. Such a situation is very rare. It is a very unique opportunity not only for the management and the shareholders but also for the country of Ecuador and most importantly for the local community and the local indigenous people, who desperately want and need the jobs....Cont..
Sentiment : Strong Buy Rating :
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Interview English Translation
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rjm3162000 | Not rated | 28-Sep-09 10:47 am | ||
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interview continued.....
As mentioned, Corriente ...
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rjm3162000 | Rate it | 28-Sep-09 10:50 am | ||
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interview continued...
How is the company fi...
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rjm3162000 | Rate it | 28-Sep-09 10:52 am | ||
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continued....
Do you think that Corrien...
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rjm3162000 | Rate it | 28-Sep-09 10:56 am | ||
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Looks like Dan confirmed the numbers for a sale th...
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jimmetheass | Rate it | 29-Sep-09 10:56 am | ||
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jimmie that's the range of some deals that we...
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idb94 | (1 Rating) | 29-Sep-09 06:21 pm | ||
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The other thing I take from the intervie...
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rjm3162000 | Rate it | 29-Sep-09 08:01 pm | ||
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Good to read the interview again to...
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thekingofro... | Rate it | 28-Dec-09 03:23 pm | ||
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But from the new report, Dan &...
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ddprieto | Rate it | 28-Dec-09 05:06 pm |
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