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

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To: goldsheet who wrote (55035)	1/6/2008 11:59:56 AM
From: PaperPerson	Read Replies (1) of 78427

Since I have a couple of companies working in Ontario -- Kodiak KXL and Premier Gold PG -- I looked up the province. Ontario dropped from ninth to 20th place as to "best policy environments in the world for mining investment." EXTRACT FROM PRESS RELEASE ON FRASER SITE, MARCH 5 2007 COVERING THE NEWEST SURVEY: "The Canadian picture "This year’s report represents the first time since the 2001/2002 survey that British Columbia has not marked an improvement in its ranking. Its ranking of 30th overall is down from the 23rd place it scored in 2005/2006. This makes British Columbia the lowest ranked of the Canadian provinces, although it is still ranked above the Northwest Territories and Nunavut. However, it’s worth noting that Nunavut improved its ranking to 39th from 53rd and the Northwest Territories rose to 41st from 52nd. "The Atlantic Provinces also showed significant upward movement, with New Brunswick moving to sixth overall from 18th, Nova Scotia improving to 17th from 35th and Newfoundland and Labrador rising to 22nd from 39th. The Yukon was the lone other Canadian territory to improve, rising to 11th from 21st last year. "The remaining Canadian provinces all saw their rankings decrease. Although they remain in the top 10 overall, Quebec fell to seventh from fifth while Saskatchewan dropped to 10th from seventh. Ontario fell out of the top 10 altogether, dropping to 20th from ninth last year. “The major movement in the top 10 shows three Australian jurisdictions moving upward – South Australia, Queensland, and Tasmania, supplanting Ontario, Mexico and Chile,” McMahon said. “The rise of Australia again reinforces how jurisdictions must be prepared to compete on an international basis to attract mining investment.” fraserinstitute.org Regards, Michael

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