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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Graystone who wrote (81523)	2/5/2002 12:30:53 AM
From: E. Charters	Read Replies (1) \| Respond to of 116815

Yes, Ghanian water melon is superior to American Water Melon. sad but true. Except for the Malarial west, Ghana has some very good country to live in. The main gold area, the Ashanti trend, is in the east, and is relatively dry and non-malarial. If you want to develop, I can get land. You ought to know the mines minister and people there. For 1500 US I can get you contacts and introductions. If you want to develop a mine, more or less explored on the trend, in good reef potential (0.50 ounces) then for shares I can get you a good situation that will grow. Ghana used to be Africa's main gold and diamond producer. Diamonds are all alluvial, sources have not been found. Sources of course do exist. Ghana's gold culture goes way back. Artisinal miners have worked underground for centuries, and very productively since the days of black powder. During ceremonies women wear gold jewelry that boggles the mind. It is then that you realize that some people know more about gold sources than they tell. The Ashanti is one of the world's largest mines at 2 million ounces per year production. I know how to get some very good properties in Ghana. Many many companies are in Ghana, which advertises 100% cash repatriation after taxes to the home country. This small detail keeps large companies, even Anglo, out of most African countries. (You cannot in 98% of African countries bring in cash, or cash cheque to a foreign company from an African Bank to buy equipment. You must get the money in a foreign country and then bring the equipment. This makes maintenance difficult to impossible. These kind of foreign regulations are extant in Brazil, Venezuela, and Peru too, and is one of the main reasons, why most Canadian companies, (coupled with the low investor interest and low gold price) have written down their investments overseas. The big problem with Argentina is that it is extremely crooked. Venezuela is the crookedest country in the world. It is also in the hinterland one of the most violent. Argentina has had its political nightmares but is second only to Venezuela in crookedness. All the judges can be bought. (not that we are Angels. I sometimes think we make much of Latin America only in that we ignore our more smoothly running and more pervasive institutionalized unfairness. 30% of Toronto Police are on the take. But it is Toronto the good.) What causes this crookedeness? A layered society. Layers of laws and land ownership. Spanish Seigneurs, inheritance, socialist governments broad brush of change and indigenous people's claims all conflict to make layers of unfairness that get righted by payola. If the people were homogeneous and not Castilian, top, mestizo bottom, perhaps this would not exist. But in homogeneous Japan, the Yakuza breed. What this points to is that whenever a ruling class becomes entrenched the bottom classes will ignore the laws that purport to be propriety and black markets and championing of thievery becomes the norm. Surprisingly the best model for this type of society is Norman ruled England. EC<:-}