So Chuck you state that you dont touch anything in PNG.
Why is a $26Billion company like Newcrest (Lihir/Wafi Golpu), Australia's largest Gold Miner and one of the world's largest gold miners $41Billion American Barrick Gold (Porgera) are both operating very large volume gold mines in PNG at the minute?
http://www.barrick.com/GlobalOperations/AustraliaPacific/PorgeraJV/default.aspx
http://www.newcrest.com.au/operations.asp?category=8
Exxon is about to expand on its $15Billion oil and gas fields in PNG, in JV with Santos!
http://www.naturalgasasia.com/exxon-starts-exploring-for-gas-in-png-4425
Avoiding a country with the natural wealth of PNG is a massive mistake IMHO!
They don't call Papua New Guinea Treasure Island for nothing!
DYOR
Cheers Nectar
Add to My Watchlist
What is My Watchlist?