Junior gold stocks suck and now relations with Indonesia not so...

Junior gold stocks suck and now relations with Indonesia not so good. Not surprising that some would panic. We all have our own risk v return characteristics.

Gold price will continue to drop. But if WWI can prove over the next 2-3 years that they have 'a business' then all should be ok. The gold price v cost and the amount of gold they find will only determine by how much.

I lost money before in a company (Oz in Indonesia) that showed good promise only to lose it because Indonesia changed the rules and the local 'partners' screwed us (all previous contracts were null and void - unless you went through the local courts.....huh good luck with that!).

Sovereign risk is the largest concern for me here. And West Papua magnifies that. We need good relations to ensure that we lessen political risk. Maybe a reason why people here are selling down?

Will rebound when we have a good announcement and this is a storm in a tea cup.