RE:RE:RE:RE:RE:RE:RE:RE:OSK/BTR tipping their hands ?Tannin wrote: Will you make more with erlff, could well be, but the mongolian govt could equally well nationalize it and bring in the chinese to mine it, or the russians....not saying they will, but that's the sort of risk one takes with a deposit of that importance in a country that poor with immediate neighbours that hungry and powerful.
Tannin, I've already made more on ERLFF, and yes that is the sort of risk one does take on a deposit that rich. As for nationalizing, If they don't need Turquoise Hill and Rio Tinto, then they won't need the Russians and Chinese. Thats what nationalizing means keeping it to themselves. Which they can't do, they don't have the technical expertiese to do so. Only a few companies in the world do. Besides how long do you think it would take to nationalize this project? Throw out RIo and bring in China. Because RIo isn't just going to hand over the detailed plans. It would be years before they could catch up. Not going to happen this close to production.