I do not believe in the geography BS
We find good cos getting into major problems in established geographies like Chile, Brazil
We find good cos like Randgold doing great in highly problematic countries like DRC, SA etc
Finally it is a matter of the individual co mgmt cultivating good relationships with local communities and the Govt authorities, not doing anything below the table and behaving reasonably , nothing more than that
I am sure the SWJ CEO knows what it takes to get this done.
SA Govt is also worried about falling mine revenues /royalties, so will take necessary action to improve the situation.
IMO these are all great buying opportunities in SWJ
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3 | 168005 | 0.100 |
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