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


To: marcos who wrote (52638)11/9/2007 8:56:36 AM
From: Mr. Aloha  Read Replies (1) | Respond to of 78419
 
Agree there's country risk for EPM, but that doesn't make it "garbage," especially with production imminent. Country risk hasn't stopped Kazakhmys from getting a market cap over $13 billion in London, and 2 years ago, when oil prices were much lower, the Chinese (CNPC) bought out PetroKazakhstan for over $4 billion. Some seek out Kasakhstan investments for the "Borat" trade: seekingalpha.com

Yes, the new US legislation sure makes the risk of projects in other countries seem much less relatively. Projects directly to the south of there seem a much better risk to me, especially with the cheap labor costs, easier permitting, and lack of environmentalist activism.

cuu.v -- Seemed like a NLW rec, but don't know for sure.

mts.v -- Yes, this one could turn out to be a good one, though it's very early stage.