BCM Mongolia Highlight: Final Oyu Tolgoi Demands Almost Ready

At this point in time it is immaterial and maybe even counter productive to make conjectures about [who] will be paying [how much] taxes at OT when all is said and done, there is just too much to get done for us dwell on this nonsense. No one will truly know what is fair until the damn thing is built and in production, so don't sweat it.

Mongolia will be receiving exponentially greater earnings at OT regardless (nothing else in Mongolia comes close).

There are many factors (ie time and costs for development and construction) that make attractive tax incentives reasonable and fair; Like possibly to alleviate financial pressure (especially on the speculative side of things given that we are still early in developement, and sour sentiment can lead to bad business) that could adversely affect the people charged with developing one of the most advanced and profitable large-scale-production mines in the world. With billions of foreign dollars to be invested in construction and infrastructure (much of which will be paying Mongolians wages fair to any westerner-guaranteed much more than erdenet)the idea of heavy taxation seems unreasonable and again, perhaps even detrimental to an all-around highly lucrative endeavor. To sum up this reasoning i simply ask, if the Mongolians are getting thousands of taxable jobs, and hundreds of millions of dollars of taxable infrastructure, and not to mention the hundreds of billions of dollars worth of gold in the foreseeable future, why oh why should the average Mongolian sweat about anything? put a smile on! you are getting something that will set a new standard of business for Mongolia and contribute to a new quality of life for many and eventually, ALL Mongolians.

This is not some self-righteous rant, We do not seek your appreciation! only respect in business, no one ever said we cannot have honor and dignity in making money. Our cohesion is what is going to make this dream a reality in near terms, think about it.

Oyu Tolgoi mine will be makes 4 times of more production than Erdenet. But the Canadian gangsters will be pay tax in the Mongolian treasury less than Erdenet pays. Mongols long will not tolerate this impudent robbery.