why the 50cent block ?, page-9

Terrific post Yaq.

Of course, sovereign risk is something we have to live with here so unless you can stomach it, mining in Africa is a No-No!

That said, the HUGE extra attention paid by international mining companies and the money they are spending on the African continent lessens the chances of a lunatic dictator nationalising the assets.

There's no need if they set up JV's with locals like the South African BEE's program.

Right now bucket-loads of investment dollars are flooding into Africa. Sure, not all 100 cents of every dollar stays there but what is the alternative?

I'm thinking that CFE will have Marampa done and dusted by mid year and I'll look at my options after that.

Right now this is better than extraordinary value!