First, Coro Mining’s (COP.to) news release:
Press Release Source: Coro Mining Corp. On Thursday December 30, 2010, 9:10 amVANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 30, 2010) – Coro Mining Corp. (“Coro” or the “Company”) (TSX:COP – News) is pleased to announce that the Interdisciplinary Commission for the Environmental Evaluation of Mining Projects (“CEIAM” in Spanish) of the Province of Mendoza has completed its compilation, collation and evaluation of the previously completed sectoral reviews; the outcome of the public hearing and public consultation process; and the results of additional hydrological studies completed earlier this year, and has recommended that the EIS be approved by the provincial government. The CEIAM is comprised of the various entities which completed individual sectoral reviews of the project in 2009 and 2010, together with representatives of the pertinent Provincial Government ministries.The recommendation of approval is conditional upon the Company’s Argentinean subsidiary, Minera San Jorge (“MSJ”), complying with the highest standards of environmental protection, control and monitoring prior to, and during the construction and operation of the project, including the requirement for the paste tailings deposit to be made impermeable with a liner. The CEIAM’s report will now be submitted to continues here
Now, our friend the owl gives us worthy analysis on the situation:
The funny thing about this whacky world of markets is that you don’t have to be right about everything all the time; all you need to do is be right about the battles in which you choose to participate. DYODD, dudette. DYODD dude.