RE: The Woodwork Pan I admire you a lot and very much appreciate you perspective. After I post I will have to see if I am one of the zeros that you are speaking about.
Pan I give my honest analysis on every post (and sometimes I may be wrong). However I disagree with you on the Egypt deal.
First disagreement is that when investing the Country of Risk play a somewhat important role. I actually prefer the current model with Mint having a 49% stake here. Man, we have that Morsi guy around and he looks like a religious zealot. That sometimes have a tendency to scare investors. As you know the Canadian Resource Sector is heavily invested in Egypt. There is a long list of Canadian companies operation particular in the Oil and Mining sectors.
So my sage friend I can do with a watered down exposure in Egypt. And who knows, their majority partner may have government contacts there. That in my opinion gives the Egyptian venture a better chance of success.
You know the Hogg guy is kind of smart.
In addition, Mint will have to contribute only 49% of the investment in Egypt. We have better and bigger fish to fry outside of Egypt so I am happy with the 49% exposure.
Now point number two............................ I was writing too much and temporarily forgot my second point. When it comes back to mind I will post.
Take care everyone