New Dawn Mining Corp NEDMF

RE:what now!

[monstapeake]

my questions miracuously answered thru Bloomberg (so much for thinking there was opportunity here):

Zimbabwe to Seize Mines While Compensating Banks

By Franz Wild - Aug 6, 2013 9:09 AM MT

President Robert Mugabe’s government plans to seize control of foreign-owned mines without paying for them as part of a program to accumulate $7 billion of assets following his July 31 election victory, a minister said.

The government will compensate bank owners as it takes control of their companies, Saviour Kasukuwere, the minister in charge of the program to compel foreign companies to cede 51 percent of their assets to black investors or the government, said in an interview in Harare, the capital, today. His comments echo a suggestion made by Mugabe earlier this year.

go to Bloomberg for the rest: