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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (8170)2/27/2003 6:30:06 PM
From: LLCF  Read Replies (1) of 39344
 
Thanks for your always valuable take on things... Merrill is usually influential but a day late and $20 [$US!] short. It looks to me like politics is going their way with everyone signing up EARLY to move out of the way:

Message 18635651

<<On the relocaton/resettlement effort, the time required to organize the process and procedures has taken longer than expected, but ultimately, the acceptance and pressure from the local residents seems to be for quicker, not slower implementation. As a result, almost $40 million of the expenditures budgeted for continued or ongoing resettlement/relocation post startup has now been brought forward into initial capital expenditures to deal with locals who want to mover/sell earlier.>>

I think this is as important as all the rest, especially in the way of political risk:

<<Since the recent update provides a higher degree of confidence in the parameters of a potential mining operation at Rosia Montana........... >>>

JMO... I may also be adding.



DAK
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