SPQ, Miners & Political Risk

Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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SnugTheJoiner

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SPQ, Miners & Political Risk

posted on Dec 04, 2007 05:14AM

First Quantum Minerals (FM-TSX) is down sharply this morning because of "political risk" in the Democratic Republic of the Congo.

The nice thing about Spider Resources and the Ring of Fire is that it's in Canada! The only political risk is the relationship with Canada's aboriginal peoples. It's my understanding that Neil Novak and Richard Nemis (NOT) have always included the First Nations peoples in discussions with regards to the exploration of the James Bay Lowlands.