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Gold/Mining/Energy : Precious and Base Metal Investing
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To: Stephen O who wrote (21719)10/6/2003 11:48:27 AM
From: GeoDude  Read Replies (2) of 39344
 
No doubt that DRC has the world's prime targets for Copper. I have many beautiful samples from the country at home. The problem is that the political stability of the country is fragile and that 55 million people live there, most in poverty and most young and exhuberant (especially with AK-47s).

For any company to invest major bucks would require a very short pay-out and that limits the size of projects and the size of the prize.

But, who knows, maybe the country is going to get better and FM would be a good "hedging" type bet. But, in a week, it could go back to what it was in 1996-98.

LIA
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