Hey mate , everyone has a different investment risk level , I certainly respect and understand your one ! In that quote I really meant stabilising after the election results , a excellent result at that !
Felix Tshisekedi is known for his anti-corruption views and support for the rule of law ,he is also pro mining and investment by foreign enterprises !
Also of note , VEC's JV partner in Adidi-Kanga is Société Minière de Kilo Moto (“SOKIMO”
(13.78%). This is the DRC Government owned mining arm, so Government is out JV partner !
In short , Excellent results in the Election ( Pro Law and Investment )and the DRC Government is already VEC's JV partner (Sokimo )
Ps. The DRC is not the backwards Country the Australian mining media make it out to be , Billions and Billions of investment money is flooding into the Country . You only have to look at Kibali Gold Mine , 20Mill++ 0z and 2.5 Billion spent up to now. That just scrapes the surface !
Barrick-Randgold Merger Consummated
The merger has created a sector-leading gold company which owns five of the industry’s Top 10 Tier One gold assets1 (Cortez and Goldstrike in Nevada, USA (100%);
Kibali in DRC (45%); Loulo-Gounkoto in Mali (80%); and Pueblo Viejo in Dominican Republic (60%)), and two with the potential to become Tier One gold assets (Goldrush/Fourmile (100%) and Turquoise Ridge (75%), both in the USA).
https://www.barrick.com/news/news-d...ng-starts-in-new-companys-shares/default.aspx
Kibali Gold Bar , keeps in mind VEC is next-door to these guys !
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Barrick bets on Africa with $6-billion Randgold merger
In a move that would allow Barrick Gold Corp. to regain its crown as the world’s largest gold producer and tie the company’s future more closely to Africa, the Toronto-based miner on Monday announced a US$6 billion plan to purchase Randgold Resources Ltd.
https://business.financialpost.com/commodities/barrick-bets-on-africa-with-6-billion-randgold-merger
The Giant Canadian Gold Miner scrambled to get there hands Kibali ( Massive DRC Gold Mine )
I want bother loading in all the other European, Canadian , USA , Chinese and Australian investment news for the DRC , but you get the point
Hope that was helpful man !
