Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Malyshek who wrote (3039)	12/11/2005 8:06:59 PM
From: rnsmth	of 78416

Political risk in Latin America Brasil elected a left-center president and is friendly to mining. I am fairly comfortable with Brasil and Mexico. Sold Gold Reserve over a year ago because I became uncomfortable with their President, even though he has won elections by a landslide and there is no doubt he is democratically elected in elections that reflect the will of the people (per OAS and Carter Center). Other countries, I know less about and have little exposure to, but I am also comfortable with Canada and Australia :). The US, it varies from state to state, IMO. There are significant country risks in southern africa, IMO, due to the AIDS epidemic. I am not terribly uncomfortable with political risks there, though. Nonetheless, the only exposure I have there now is via a PM fund. That may change. Ron

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