jumpstart,
"For example, Australia sides with the US in events in China sea. You don't think there wouldn't be repercussions?"
For heaven's sake - is there anything in the world you don't worry about???
We are a gold mining company at present.
We mine gold and we sell gold.
There are so many factors that influence the price of gold and our production cost it is ridiculous -----------
if we worried about any one of those variables - NONE of us would invest in a gold miner --- AT ALL.
You are concerning yourself with worries that are far far outside of our control ---------- if you are so concerned with worrying about things outside of fml's control - even now, may I suggest a different form of investment.
A gold mining investment is besieged with risks -- at any time.
This move if approved will set aside many of those risks. Yes, it will involve a deal with a previously unknown partner and yes it MAY be influenced by the Chinese govt. --- so what?
Our current state of play in mining is heavily influenced by our own Govt. --- and frankly -- I have more faith in the chinese government in dealing with business matters than I do in our own clowns --------- whichever party is in power.
In fact - I think there is a good possibility - maybe even a probability that having chinese govt. influence in these deals is very much a positive.
However, I am sure you will find something to worry about.
have a great day if you can
Pinto
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