Tuesday, October 28, 2008

Good news for Corriente (CTQ.to) out of Ecuador this morning

The gov't has approved the plans for the dedicated port facility. Here's the PR. So tell me, what was all that guff supposed in the North about Ecuador being unfriendly toward miners and FDI and development?

Now, if copper actually gets off its back and moves up a bit I'm a Corriente (CTQ.to) (ETQ) buyer. Here's the 30 day copper chart and you don't need me to point out the obvious on this one. But is that a glimmer of a bottom just seen? Time will tell.