TIG tigers realm coal limited

Sovereign Risk may be the underlying factor that keeps...

  1. 341 Posts.
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    Sovereign Risk may be the underlying factor that keeps "investment" away from TIG. Ask any Aussie or Canadian about TIG and they will say "Russia?" They don't ask how big is it, etc; they just don't like Russia.
    I don't know if I like it or not but I hang onto my TIG's for the following reasons.
    1. Good Ore deposits and their developers are somewhat immune from politics; they will make money for everyone except the stupid or violent and that beats politics anytime. The deals are done over cigars and expensive whiskey.
    2. Owen Hegarty, and I think Tony Manini, have not changed their shareholding in TIG from the outset. You can check this for Owen as he is a substantial shareholder. If it's good enough for them, it's good enough for me.
    3. I have studied the history of Mechel Carbon who run a major Coking Coal business south of us in Russia. Putin had some serious reasons to kick them out some years back but he thinks like a money-maker and let them make Russia a bit richer.
    4. Mafia are very astute businessmen. IF they are in the TIG equation they will let Ammam make money using the experts from Australia.
 
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