indo risk, page-3

Hi Discocopper,

I see that Straits Resources has also had problems in Indo and has had to make an announcement.

I hear what you're saying in that ROL has stated that all is okay and that they have a 'clean and clear' license

However, everything is okay until it is not okay I have found. From an outside investors perspective the political and judicial processes in Indo are simply not transparent enough regarding property law, at least for foreign corporations.

[cynical view - let the foreign company do all the risky/ costly exploration work and then take the asset].

Nothing against ROL but Indo is simply not a place I'll expose any money to... just add it to the increasing list of no-go areas.

Cheers
John