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SOLG Takeover of Cornerstone, page-17

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    We keep saying Ecuador is going ballistic etc.however,  A look at the recent historical past of the countries approach to mining wealth is chequered at best.  Has there really been a change at heart fro the people re-mining being a meal ticket or are there lingering doubts from neighbours experiences like Brazil's mining dam collapses and their response or Venezuela's killing the golden goose on oil?  I'm just wondering if we're underestimating sovereign risk. For players multi-mines and jurisdictions like BHP and Newcrest, it's not as much of a problem. 
 
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