FFX 0.00% 20.0¢ firefinch limited

Never invest in a country without stable politics. Guys you can...

  1. 565 Posts.
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    Never invest in a country without stable politics. Guys you can check the NuCoal Operation Acacia resource...Google it, you will know it. That's why I always invest in NON-Australia mining company

    Ah stuff it, I'll post the information for you. I would hate for you to invest in a country where the government can simply reclaim your asset and then deny you any compensation because hey, they can sell it again for more money.

    There are of course plenty more, but I've already done the wrong thing by responding to an obvious troll is obvious situation. Never mind.

    January 2014

    NuCoal’s major asset, EL 7270, was expropriated by the enactment of the Amendment Act by the NSW Parliament. The Government did not follow ICAC’s recommendation to compensate innocent parties, instead it:

    – Denied NuCoal the ability to seek compensation

    – Legislated that NuCoal must provide all its accumulated exploration data to the Government– Denied NuCoal access to the Courts of the State to seek redress

 
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