Post by
auburn2 on Dec 09, 2017 5:32pm
"It Could Happen in Any African Country"
I asked an experienced investor, "Isn't the ruling against Acacia unprecedented and scary? Who could have expected that? Where else could that happen?"
His response was my title, and he said also: "That's why African explorers and producers are so heavily discounted......country risk."
Do you feel more comfortable having a highly connected billionaire like Mimran owning so many shares of TGZ?
Comment by
auburn2 on Dec 09, 2017 5:32pm
But -- who is more highly connected than Barrick Gold? A strange situation I haven't much looked into. If you have anything to add, do so.
Comment by
ruffus23 on Dec 09, 2017 9:52pm
tanzania (east coast) is nothing like west africa. west africa are the best governed and most stable countries in africa. east africa is a mess.