Initailly I thought I made a mistake due to country risk, no infrastructure(as far as I know),etc.
But Kryg's neighbour is resource hungry giant China. At present China is sucking resources from Australia, from Latin America, from Africa and from anywhere in the world.
For example, China is sucking anything black such as coal, crude oil, haha.
If so, above CIG's risk can be offset by vicinity of China. Crude oil is diminishing resource as well and oneday it need to be develpoed. Nowdays even oil sand is going to be valuable source of oil.
IMO It is highly speculative but worth to watch (because of very dirty cheap a cent range) how it develops in the future.
I expect within 10 years it will be developed.
Regards,
CIG Price at posting:
1.1¢ Sentiment: LT Buy Disclosure: Held