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Gold/Mining/Energy : Uranium Stocks
URNM 75.95+0.9%Jan 23 4:00 PM EST
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To: Condor who wrote (5846)1/1/2007 7:24:49 PM
From: LoneClone  Read Replies (2) of 30364
 
I consider Kazakhstan to be lower risk. Although the proximity to Russia and occasional kleptocratic tendencies in the ruling regime do occasionally lead to problems, Kazakhstan is among the most-developed countries outside the First World and in general operates quite transparently.

Perhaps the best way to put it is that I own shares in three companies that operate in Kazakhstan, and I worry more about the companies' managements than the country they operate in.

If I was the ruler I'd want to remove the 'stan' from its name so it wouldn't be unfairly lumped in with the likes of Turkmenistan.

LC
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