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Gold/Mining/Energy : CGX Energy INC. a blockbuster stock?

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To: LEEP8888 who wrote (578)	9/25/2007 12:01:23 PM
From: ms.smartest.person	Read Replies (1) of 591

Surinamese opposition vows to oust government over UN Tribunal ruling Sunday, September 23rd 2007 guyanaoutpost.com The Suriname opposition party led by former President Jules Wijdenbosch is angered by the UN Tribunal on the Law of the Sea on the Guyana/Suriname maritime border dispute which favours Guyana. According to the Suriname correspondent for the Caribbean Net News, Ivan Cairo the Venetiaan government is being blamed for the poor preparation to challenge the claims by Guyana laid at the Tribunal in February 2004. Widjenbosch is arguing that the government failed to treat this matter as an issue of national interest and excluded political opponents from participating in the preparation. “When you do that, this is the result you will get. This is unacceptable,” Wijdenbosch told reporters The ex-Surinamese President further noted that when he was in office the dispute with Guyana flared up in June 2000 and he sought a solution under the auspices of CARICOM at the highest political level with President Bharrat Jagdeo. “But when this government came into office they downgraded the issue by putting it back in the hands of the Border Commission. The Surinamese government should have pursued the course of finding a solution with Guyana on the political level, Wijdenbosch contended. According to former Surinamese military strongman of the main opposition party NDP in 2000 it was all about the area which the Tribunal has awarded to Guyana. “We got water and fish, and Guyana got the oil,” NDP parliamentarian Rashied Doekhie, adding that Suriname should be in mourning for a week. Meanwhile, the joint Surinamese opposition has issued a statement hinting at action to oust the government. “The International Tribunal on the Convention of the Law of the Sea handed down a ruling that is disadvantageous to our country and people. An irrevocable verdict which is sempiternal and has taken away tremendous development opportunities for our people. Structural exclusion of all other Surinamese experts has resulted in the fact that today our nation is faced with a disastrous ruling of the International Tribunal.” The statement further noted that the joint opposition from now on is considering steps in order to prevent the government continuing to “bargain the interests of our nation and continue to impoverish our people.” President Venitiaan who announced his government’s acceptance of the ruling by the Tribunal in response to the opposition claims remarked: “This is the nature of the opposition”. He added when the problem arose his party was in the opposition and stood firmly behind the government supporting the eviction of the CGX oil rig from the disputed area. He noted too that it was the Wijdenbosch administration which ratified the UN Convention on the Law of the Sea.

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