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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (396)	10/27/2003 5:34:03 AM
From: jrhana	Respond to of 29622

<I stay away from SA golds for the currency reasons you mentioned and also for political reasons. No need to take on that risk.> I thought I was the only one. Those South African golds are being nationalized just slowly and cleverly. It seems that Canadian companies that explore in SA are being treated well. I can think of two reasons. 1)South Africa wants to encourage foreign investment. 2)They do not have decades of political baggage to carry-all those years that SA miners paid near slave wages-payback has begun. My only exposure to South Africa is some PDG (I like what is going on in Nevada) and ARQ. Message 19434366