Monday, November 26, 2007

Barrick Gold Executives - We don't represent the people, its the state authorities who represent the people. We are in for profit.



Memorable Quotes:

Peter Munk:

"Gold is not more precious (than water) but jobs are."

Peter Munk's Sidekick:

"We don't represent the people, its the state authorities who represent the people."

"We are in for profit, as you know. We are a free enterprise."

"It is the State Authorities that are there to protect you."


More Peter Munk wisdom here: Barrick Gold Chairman, Peter Munk complains rogue Environmental NGOs are Destroying the Mining Industry

Washington Post article here: In Chile, Precious Lands Often Go for a Pittance - Barrick Gold Corporation Pays $19 Dollars for 20,000 Acres