MMC 0.00% 81.0¢ mitre mining corporation limited

MP, Is a new gold mine in Burkina Faso, owned by a crowd of...

  1. 304 Posts.
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    MP,
    Is a new gold mine in Burkina Faso, owned by a crowd of Russians :-(

    But unfortunately , they and the Chinese , have the capital these days.

    Plenty of Australian miners all over West Africa working, pretty prospective ground, though the political landscape is ever changing.

    I prefer PNG as an investment venue though, they have the occasional rush of blood to the head, BUT USUALLY , cooler heads prevail, they know the importance of mining to their country.

    I did my dough on an Aussie company in Eritrea , where the company basically got their project stolen by the government , and given to the Chinese as a reward for political support.

    At least,security of tenure hasn't mostly been the case in PNG ( touch wood )

    Go Marengo!!!

 
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