Well, not only, but the list of nations where private mining investment is secure continues to shrink. Now it's Namibia's turn to overreach:

http://www.smh.com.au/business/namibia-rattles-uranium-investors-20110428-1dyrv.html

Fools. I guess they think commodity prices only ever go up. Well, they'll go up a bit longer than usual if this keeps up, but I don't see the benefits accruing to them. However, if you shrink the pool of safe places to invest then I guess that's good for business in places like Canada, Australia, Mexico and the USA.

ebear