Stock price when the opinion was issued
The fiscal policy in Ecuador is not particularly attractive for mining, although it is becoming much more reasonable in terms of cost recoupment. The geological endowment of Ecuador is absolutely spectacular. The discovery that this company has is substantial enough to attract attention of some major companies.
They’ve made a tremendous discovery with a company called Falgold in Ecuador, which owns 85% of the deposit. He thinks they would like to own 100% of the deposit, and the way they do that is to buy Cornerstone.