CHN 3.13% $1.55 chalice mining limited

Well been following events out of Eritrea seems little agreement...

  1. 3,608 Posts.
    Well been following events out of Eritrea seems little agreement form the various sides and experts what is going on.

    What does seem clear is the regime there looks a lot more shaky than it used to with its slow response on the propaganda front to recent events.

    http://www.tesfanews.net/
    http://www.asmarino.com/

    Either you go with a couple of soldiers were able to walk in to a ministry and takeover or one or two hundred were in either case hardily a vote of confidence in the regime.

    Especially as the one thing both sides seem to agree that the whole thing was very disorganised.

    Seems the whole thing was a symptom of unhappiness in the military and the regime there is totally dependent on the military to stay in power.

    Then there is Isaias Afewerki succession angle where you have a leader that has been sick and is getting on with no clear person to carry on after he is gone.

    Its a bit like Egypt where Mubarak’s son was blocked from taking over and the army did not crush things when the chips were down.

    Possible even that the regime is even shakier than recent news suggests and the info is simply not getting out of the country as the opposition outside the country seems split and disorganised and not that efficient in getting info out.

    One thing is certain there is a lot of uncertainty Lol and we know how the market hates that.

    CHN really need to spell out its plans to diversify.


 
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