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12/14/12

Another junior leaves Ecuador

This one is hardly a surprise, but has just been made formally known. Intrepid Mines (IAU.to) (IAU.ax) has informed the optionee Cornerstone (CGP.v) that it doesn't want the Shyri project any more.
MOUNT PEARL, NEWFOUNDLAND--(Marketwire - Dec 14, 2012) - Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE:CGP) (GWN.F) (GWN.BE) (CTNXF) today announced that it has received formal notification from Intrepid Mines Limited that it is terminating with immediate effect the Call Option Agreement between Cornerstone and Intrepid dated January 4, 2011 for the Shyri gold/copper property in Ecuador. Cornerstone will review its options concerning Shyri and make a further announcement after that review has concluded. Continues here

So how's that "we want miners in Ecuador" message working out for you, Mister Correa?