I think clearly Canadian mining companies lead the world--I said that earlier--and they lead it in the technology and methodology for extracting resources. The reason they go to developing countries is because developing countries don't have the capital to develop the resource, and unlike in manufacturing or other industries in Canada, you can't take an ore body, a copper deposit, and move it to China or India and re-establish production. You have to go to where the ore bodies are. They again have the expertise to develop, and obviously the capital and the backing to do it. So they could raise funds on the Vancouver Stock Exchange or the Toronto Stock Exchange and promote these. Usually the juniors go down and find the deposits and the seniors or the majors go down and develop them. That's just the process we've developed in the Canadian mining industry.
There's no magic to it; they go where the resources are. There are massive amounts of money. If you think of it this way, why do Canadian mining companies work in other countries? It's simple. The resource is extracted on whatever economy that country has. So if it's a Chilean peso, it's coming out in pesos and being sold on the world market in U.S. dollars--the end. So it's a really easy advantage for companies to look at that.
In some respects, a Canadian mining company... I know when I go to bargaining tables in Canada and sit across the table from Canadian mining companies, they always tell me that we're in direct competition with mines in South America. Oftentimes they own them, so they're competing with themselves. It's a little shell game for them.