Venezuela carries an image of far higher political risk in the minds of speculators than do Nevada or Sonora or even British Columbia [!], that's all i meant to say, and it kind of goes without saying, pretty evident to all ... ongoing news doesn't help this much, either ..... long before you get to the value judgments of contending parties in Vz, you see the strife with its possibilities of continuing long-term instability for businesses
As for companies within Vz, i follow only Cadre csl.h.v and Gold Reserve grz.to, the latter i picked up a little after you made the case for it so well [thanks], can't say i know much about it, like what is their exit strategy ... one thing with las Brisas is it's right there in politically charged km88, a degree of the las Cristinas shit-flinging will inevitably rub off .... i used to follow kry.to, still glance at it from time to time, no interest in holding it recently for a variety of reasons ... probably should study the others, but gee the list of plays all over the place is growing long ..... as for Cadre, either they get their tenure approved through pre-feas stage or they don't, it's kind of an off/on switch, red-or-black with the wheel still in spin ... assuming their partners Bateman and Seabulk are still with them, i guess certainty of that remains to be seen
Colombia i see as worse than Vz, fwiw ... Argentina is right up there in risk as well, depending on the province, it's a different style of risk, more like Alta California, but it adds up to the same thing from the shareholder's point of view ..... everything is relative - imagine if half a million californicators moved to a gold county in Nevada and formed an anti-mine voting bloc, that would leave an open spot on the low-risk list, but would it make don Hugo's regime look secure, hmm, not much i think eh .... cheers |
