It will be ok and I suspect that the shoot-out has been lost...

It will be ok and I suspect that the shoot-out has been lost with SRK looking to confirm that the money exists and will be paid.

This excerpt from the Guardian tells us something about what mining means to Peru.

"The government is belatedly trying to strengthen oversight of mining projects as it prepares for $50bn worth of investment in the sector over the next decade."

The link to the article (which discusses government initiatives to reduce conflicts over new mining initiatives) is as follows:

http://www.guardian.co.uk/world/2012/sep/04/peru-environment-mining-reforms

The Dyer Coriat (D&C) Group know the value of this asset and they'll want it.

To be frank whoever wins the shoot-out is picking up the asset for almost nothing. Especially given that the Chinese are all over South America at the moment trying to secure larger tenements.

A win/loss announcement is one thing, but it needs to be supported by confirmation that monies WILL be paid or partners WILL be found. That I suspect is the rationale behind the suspension.

In any case, just one more sleep.

GLTA