Post by
xauxag9 on Feb 21, 2018 7:14pm
will they steal your stuff ?
Miners are definitely more aware about the rising geo-political risks of operating in less developed nations. Even Canada. How can you determine the probability of that your mine wil get extorted, expropriated or constricted by greedy governments, radical environmentalists or bandits. Greedy governments may be masquerading as environmentalists to extract more toys from the piata. The gold deposit may be there, but extracting a revenue stream can be difficult at the best of times. Adjustments to the required rates of return for the project are needed to take into account the rising fiscal threats to miners. Governments that are corrupt and in need of cash will most likely do damage to your prospects. That's why it's necessary to evaluate the sovereign nation's balance sheet because it represents a form of "counter-party risk". The more debt and social upheaval a government has, the more likely they are to gun for the golden cash flow.So much of the focus at PDAC is about geology and technical, all the while understating the huge risk of operating in this heightened culture of socialism and radical environmental (ideology). Avoid going on #Metoo and crying. Don't be a victim. Be smart. Don't trust everybody so much, you will get shafted. Blind naivete is getting crushed everywhere.