crime novelist or St Ives.......................so which is it??
nationalization is not good for any company, but are you confusing this with taxation??.............as i know it is Humala's and Garcia's mandate for that matter to have all mining company's pay their fair share of taxes, as it is at the moment there are some who are not.
the Peruvian people are entitled to their fair share, after all it is their country and Century are guests so to speak??
if you want me to answer for the company that i cannot do??
if your asking me if i have any worries regarding Peru??...............yes and no, i rank the poiitical risk in Peru very low, and have for a number of years, as i have invested in numbers of company's plying this trade in Peru??
in fact some others are Columbia, Venezuela, Chile, and others, they all have varying degrees of political risk??
come to think about it, there isn't a country in the world that doesn't have some sort of political risk??
this has to be a personal choice the same as it is a personal choice to invest or speculate in a junior (emerging intermediate producer in this case) mining or exploration company??
for me, i don't sweat it, as i feel i could get out if i had to with most intact, as it stands right now, how much have they really put into that country??..............
as for country risk, there is a list somewhere and i believe Peru is ranked right up near the top as one of the better ones and will be even after the elections are done with??
also last month i watched an interview with Paul Van Eden, and he rankd them up there as well, as one of the safe countries, and he also felt that Humala would not upset the oxe cart too much, as Peru really does rely on the mining industry, ranks right up there with their cocaine crops??
in reality, the elections comes down to the "devil that you know over the devil that you don't know"
best regards
tanoose |
