RE:RE:GBR Shareholders Got A Good Dealargaiv wrote: Kinross has a lot of geopolitical risk. I am not a firm believer that Canada is a risk free environment for m iners. Look at what they are doing to the oil industry in Alberta. I hope I have my provinces correct being an American citizen. All I know is the US and Canada have some screwed up leaders. I personally think Kinross will be okay operating in Russia.
I believe your assumption that investing in the natural resource sector in Canada is risky........much of N America for that matter. Look at what the US just did to Twin Metals in Northern Minnesota just recently. Environmental issues, First Nation issues etc bog down the whole process and make it almost impossible for any company to move forward on greenfield development. I'd rather put my investment dollars to work in countries like Russia or Africa where most perceive as being to politically risky which in many cases are way overblown.