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


To: Dav!d who wrote (41054)5/25/2007 11:08:34 AM
From: koan  Respond to of 78426
 
INV, a nickel company, is located in Brazil and has several large nickel properties with quite a bit of proven ore and is partnered with TECH I think.



To: Dav!d who wrote (41054)5/25/2007 11:49:43 AM
From: E. Charters  Respond to of 78426
 
Brazil would seem at first glance to be friendly. In fact land tenure is a nightmare with three or four layers of colonial, new era and native claims, and in the past repatriation of capital was impossible. As well if you have patented processes, Brazil was a good place to get ripped off. Inco got out of there after a few years trying to negotiate deals with the government on development. Has this changed? Well with the number of groups in there you would think so, but I haven't heard. On the other side of the coin there is apparently gold for the taking there. It would be a crime if you could not profit somehow on it. It would be tempting to go in there and setup a shop that made small mining equipment for prospectors, Peru too. In Brazil I am told that you would not survive long with people doing knock-offs.

The only places I know that were really mine friendly and possible to operate in at all were Chile, Guyana, Suriname and Peru. And Peru may be eroding to a degree, although it is not the bad news that Bolivia and Venezuela seem to be. Columbia in my opinion has just too much back country risk. Panama, Costa Rica, and Honduras have a lot of government risk. Where the system is all government obfuscation there could be hope for a while with different policies that things will change long enough to get a mine going. Panama and Costa Rica are awash in minerals if that becomes the case.

EC<:-}