There is an ad playing on CNBC these days promoting doing business in Indonesia and encouraging foreigners to join the burgeoning economy.
I still feel and continue to doubt that its that easy to do business there slick advertising aside hence my discounting the value of the resource.
I would think indonesia sees the gold resource as strategic and management is going to struggle to control it without indo govt intervention, IMHO of course.
I may be wrong but i have seen IAU for years take mini steps and still seemigly years away from digging up an ounce of gold indo.
At least at Paulsens they were mining up to 80k ounces a year even if the hedging was poor at that time.
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