Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (46539)	2/22/2004 9:16:21 AM
From: smolejv@gmx.net	Read Replies (2) of 74559

>> "light years" away in economic development from the rest of Europe, but only 4 to 5 miles from a international airport 5 to 10 years away from the rest of Europe I may have a benefit after all.<< correct >>Other prospects is substantial funding and grants from EBRD US Aid, GTZ etc. to generate work places in a "left behind" and potentialy social explosive region. Think of the possible leverage of owning an asset with very little down payment.<< the other side of the coin is called risk taking (g) I refrained from mentioning the front-running aspect("be there before the rest of the crowd") because that's generic to any (such) investment >>Ohrid in Macedonia has around 1,800 hotel rooms (which are quite expensive IMHO for the Balkans) and over 6000 camping sites,<< you'd need to know the occupancies, possibly from the more peaceful times... What's the reservoir? The Balkans? European East? One needs a long term vision. And as you know, on the long term - at least me _ we're all dead. >>how about winter ? I do not know possible the place is dead.<< There's Sar planina/popova sapka north of Tetovo is cca 80 km away, great mountains to ski, but then the flip side, its the border ridge to Kosovo. >>- "Natural Grown Food" is it trendy in Europe << yeah, but not double the price and in Ohrid you'd get nothing but natural grown food - except for a Heinz bottle of ketchup I guess - >>further few miles inland there are suposedly rich nickel and chromite deposits<< I know about chrome, both in Albania and in Macedonia. Nickel? Possibly. It's the Rhodope mountains. Then there's Lead and Zink in Kosovo...

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