Ann: Update on Joint Ventures in Peru , page-4

WTF. EDC have dropped another one of the JV projects.
Either the projects are good or they aren't. If they were that bad how come they couldn't see that in the first place. Why would you take such a solid interest in this company then turn around and pull the rug out. It doesn't make sense.
Glad I bailed at 0.045 and 0.028, losing 51%. Expensive lesson.
I am still interested in HRL and geo in general but this whole JV thing stinks of PandD.