Security Issues Explained, page-92

Hi taboon,

I hadn't post on the thread for a few weeks, but it was getting a little nauseating reading posts from people about how there is country risk anywhere you invest, so everyone should 'move on' from the subject.

Discussing Cameroon's Sovereign and Country Risk is valid, and the professional bodies that assess these risks judge Cameroon to be far riskier than a place like Australia.

I wouldn't be too enthusiastic about Cameroon holding the same risk rating as countries like Greece, Egypt or Argentina. If you'd been keeping up with the news over the past decade or so you'd know that these are all quite unstable investment destinations.

Greece is about to fall over and default, Egypt has seen coup after coup, and Argentina has limped from economic crisis to economic crisis for 25+ years.

I still read and post on the thread as a non holder because I like to keep abreast of events in the off chance the company pulls off a funding solution. As I've always said, circumstances can change from one day to the next so there is no harm at all keeping informed, especially considering I have an extensive knowledge of the company.

Just because someone sells doesn't mean they have to walk away and never look at the share again. That would be a rather stupid way to invest IMO.

Cheers!