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Gold/Mining/Energy : Steppe Gold (SPE:V)
SPE 15.24+0.3%Nov 7 4:00 PM EST
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To: brian krause who wrote (603)2/7/1998 3:54:00 AM
From: marcos  Read Replies (1) of 1248
 
Be Afraid, Be Very Afraid - risks and Rewards of Investing in Australia.

Let's face it, there are a myriad of risks investing in this arena, and any of you who decide to invest in junior mining for speculation have to become familiar with political risk. But let me throw in a reality check: I have been involved in mining in California for 14 years and I can say with absolutely no fear of contradiction that this state is one of the vilest, and in many senses most corrupt and politically risky jurisdictions in which to conduct mining exploration that exists on the face of the earth.....

CHAOSTAN
These are the countries of the former Soviet republics and central Asia. I'm very attracted to the countries of Chaostan, in the sense that they are brand new, and they don't have a lot of ingrained bad habits -- most of the bad habits that they have they can blame on the Soviets. Any of the people I know who have been there have been extremely impressed with the prospectivity that exists there. I think it will be a spectacular area to watch.

rule.stockscape.com

Remember Rick's Rules for Australian Risk Assessment:

1. A mine is a fixed target, and the government will try to steal it. The trick is to figure out how this particular culture will try to expropriate wealth.

>>>>>>>>>>>>>>>>>>>>>>>>>

All four of those articles listed on the bottom of the page I found interesting, also other pages listed on the home page ....... cheers ........ marcos
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