perpetual limbo, page-5

The prolonged Tampakan bungle doesn't make the whole country a no go zone. Although most majors are shy to the Philippines, despite the enormous mineral endowment, Goldfields has been wading in. The Far Sth East deposit is 1B tons+ and now more recently they've got the Guinaoang ground. Others are present although less substantially.

It is a matter of the right place at the right time and with the right people. But I agree pwaldren - the reasons why the Philippines is ranked as one of the world's least desirable places for mining investment are valid.