HDR hardman resources limited

hardman and eritrea, page-7

  1. 2,631 Posts.
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    I agree with you Abuman
    I lost any confidence that the company should be spending money in Eritrea when the government there declared the onshore mining and exploration licences null and void a year or so back. I seem to recall another company that I used to track (I think Sub-Sahara Resources) was basically locked out of activity after having spent a small fortune on exploration.

    I say, get out, and spend shareholder money where it is more likely to provide a reward. You obviously can't trust the government.

    What gets me is the stupidity of a government sending foreign investment away like that for a people that are desperately in need of it.

    regards
    DF
 
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