17 August 2006 Kyrgyzstan tilts away from West, read the full story at http://www.taipeitimes.com/News/world/archives/2006/08/17/2003323535
and look what's happening at Uzbekistan which appears to have already tilted away from the west:-
15 August, 2006 - Reports from Uzbekistan say authorities have revoked the licence of Britain's Oxus Gold to develop a high-grade deposit of zinc, silver, copper, lead, and gold in southeastern Surkhandariya region's Sarasiya district, read the full story at http://www.rferl.org/featuresarticle/2006/8/25768794-2e63-4c10-ac3c-e32ba7870bbf.html
and now back to Kyrgyzstan news:-
14 August 2006: As Kyrgyzstan struggles to find political stability, deteriorating conditions in its prison system pose a threat to the fragile state’s security and public health. read the full story at:- http://www.alertnet.org/thenews/newsdesk/ICG/3ce66c963bfdf1c5c9d2910414033068.htm
Kyrgyzstan and Uzbekistan, appear to be very close:-
July 25, 2006 Kyrgyzstan, Uzbekistan Join Forces Against Terrorism, read the full story at http://www.rferl.org/featuresarticle/2006/07/c1d8f2a4-d720-4962-927c-5784cce0dda6.html
Now I wonder if Kyrgyzstan will go down the same road as Uzbekistan who appear to 1) have found reasons to revoke the licence of Britain's Oxus Gold to develop a high-grade deposit of zinc, silver, copper, lead, and gold and 2) Seized the assets and output of Zarafshan-Newmont, an U.S.-Uzbek joint venture that operates one of world's biggest open gold pits in the Qizilqum Desert.
Look it might not happen, but then again look who runs Kyrgyzstan:-
Kurmanbek Saliyevich Bakiyev the president of Kyrgyzstan is a soviet-trained professional, he served in the Soviet Red Army - read the full story at http://en.wikipedia.org/wiki/Kurmanbek_Bakiev
In summer 2005 Bakiyev proposed placing the Kyrgyz hydro-energy sector under the management of the Russian government-controlled Unified Energy Systems enterprise. The president's proposal was regarded as highly corrupt, according to representatives of the Kyrgyz energy sector, because the government sidestepped an open auction to consider other options for the sector's development. read the full article at:- http://www.jamestown.org/edm/article.php?article_id=2371017
It appears to me that "Putin" has defacto control of Kyrgyzstan which is where MHL is exploring for oil - hope I am wrong for all the MHL punters
MHL Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held