mining exporters to repatriate funds in argent, page-62

Champ2003,

Your post is an invitation to discuss pessimistic assessments and worst possible scenarios, I am not going there. Reality is that risk has increased slightly and this has had an impact on the asset price (share price still trading below pre-news level of $4.47).

Some short term investors were smart and sold early at around $4.30 - $4.40 before the big drop. I didn't as generally have a long term focus on my investments but that doesn't mean I am not concerned about the event.

Lets close this chapter but keep an eye on the state of the Argentinian economy and the actions of the Government.

As for TRY investments in the future, other than those related to extending the mine life at Casposo I hope they look at project in other countries (Brazil, Chile, Colombia) to diversify the sovereign risk.

asxnewbie,

I am Peruvian, moved to Melbourne in 2006.

Alejandro