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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (10138)5/1/2006 11:29:42 AM
From: TheBusDriver  Read Replies (1) | Respond to of 78421
 
Well Kyrgyzstan is between Kazakhstan and China. Kazakhstan has some of the greatest untapped oil reserves left in the world, or so most multinational oil companies will tell you anyway. But Kyrgyzstan is mostly gas to my knowledge.

>but does the alliance with state oil help

It is probably a requirement. The state will take its share of any production directly from the producer. In Azerbaijan you cannot open a business without an alliance with a national company of some sorts.

AFA corruption goes, well as long as we are not talking mafia here, it is part of doing business in ex-soviet states. Kyrgyzstan, according to the CIA website, is the most progressive country in the area and is making serious efforts to encourage business in the country.

>The prospects would be huge I should think, risks are more difficult for me to assess.

Well the risks will all be on the exploration side of the business just like anywhere else. I would dig a little deeper if I were you before I would say the prospects are huge.....

All I know.....

oh one last thing: China. I think most people in the west would be really suprised at the infulence China has in this region...all the way to Azerbaijan. And once a chinese company gets established it is very hard to do business with them....unless you are Chinese. This is your biggest risk I think.

Wayne