Firstly, if TGS was in Australia it would have been past $1.50 long ago. It's where it is at the moment precisely because it's in the DRC. It's in elephant country and elephants can be dangerous. Fortunately for us the elephant trainer (DRC Government) has a 40% stake in our welfare.
Secondly, this isn't the first election they have had in the DRC recently. They had one in 2006 which went off well, by African standards. In fact there have been many elections held in Africa recently, none of which resulted in the sort of stand-off we are seeing in Ivory Coast. I see no reason to extrapolate what's happening in Ivory Coast to the DRC.
TGS Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
