MYL 0.00% 7.0¢ myanmar metals limited

Things are moving. See today's local press, page-3

  1. 551 Posts.
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    Mines only bring wealth and prosperity, IF, the country has Rule of Law and a strong legal system. If not, be prepared for possible pictures of Grasberg 2. Some people have wealth and prosperity, whilst others, like the native Papuans still have little.

    Another possible outcome could be, Dutch diease, aka, an overvalued currency. When coupled with corruption it can waste countries, see
    - Nigeria
    - Venezuela
    - Bolivia
    - Congo
    - Burma

    After WW2, Burma was the richest country in SE Asia and was described as the next Japan to industrialise. So much for Burma MK1

    But you have to sometimes be an optimist
 
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