TYHEE GOLD CORP

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Message: Re: Gold Share Confiscation NOT a concern

Jan 16, 2009 10:06AM

Jan 16, 2009 10:20AM
1
Jan 16, 2009 10:55AM

Interesting question, but as MR comments, this is not a concern in a globalized, free trading world.

The US may seize assets in a panic, such as the means of production of an industry, as Chavez has done in Venezuela. If that happens, your shares lose an asset and can start legal action and appeals, but the asset is gone!

Safe havens become more and more valuable, and geopoliticaly safe havens, like Canada, become increasingly valued. There was discussion of this on BNN today, that Canada may be a safe haven geopolitically, but what of ecological risks? Banana republics have geo risk, but less eco sensitivity.

In Canada, the eco sensitivity is not a risk in my book because regulations that are enforced honestly, as in Canada, are a level playing field which you can plan for, comply with, and have in your business model. No big surprises.


Also, as BC's Pulp and Paper industry once learned, new environmental legesltaion (such as not dumping dioxins into the effluent) are actually GOOD BUSINESS PRACTICes as the inputs which go into making waste are bad business practices, they are a waste of energy and inputs.

So being in line with ECO laws and best practices can lead to better use of better technology, with good results in the bottom line.

SO, geo risk and risk of assets being seized is a factor in global investing, and CANADA rocks. We also have good eco laws resulting in EFFICIENT operations of buisnesses. The key is your business model taking these into mind, and planning for them. My DD on TDC includes having read the EA materials and history, and follwing these events, like the Oct scoping session for the EA. All is on track, towards a mine permit.

SKELEG

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