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4/15/14

Goldcorp's (GG) $GG community relations in Mexico faring...maybe not optimally

After 15 days of its Los Filos mine in Guerrero State being closed due to locals' blocking the roads and protesting, here's what they said to the company today:
We ratify our total negative that you carry out any operations of any type inside of our territory, until you decide to continue negotiating or you close your business.
So...maybe they have a problem. To this point, GG estimates that it's lot 14,000 oz of gold production. And by the way, you can read the full missive sent to GG by the ejido holders right here and a decent English language translation here (ty to A. Reader for the headsup on those link).