InvestorsHub Logo
Post# of 4972672
Next 10
Followers 2
Posts 656
Boards Moderated 0
Alias Born 03/21/2017

Re: Adoni$74 post# 4431350

Monday, 03/18/2019 10:31:17 AM

Monday, March 18, 2019 10:31:17 AM

Post# of 4972672
$GYNAF $GYA.V - might be worth a look here!

WHY GUYANA IS AN EXCELLENT MINING JURISDICTION?

Westminster -style parliamentary democracy.

English language and British Law

The government has followed a free-market model for development with a policy for economic liberalization and promotion of direct foreign investment

A long history of bauxite, gold and diamond production
Two current operations - major bauxite mines (Rusal and Bosai)
Historical Omai Gold Mine produced approx. 3.6 million ounces (closed in 2005)

Stable Mining Act
Highly prospective, yet under-explored region. Gold proterozoic belt spanning from Venezuela through the Guyanas to Ivory Coast and Ghana.
Relatively low risk on community/environmental issues

Real GDP growth in excess of 3% annually on average in recent years.

A significant part of GDP is based on the extractive industries
Mineral exploration: 25+ Canadian, American and Australian companies
Current Mines in development: Aurora Gold Mine (Guyana Goldfields) & Karouni Gold Mine (Troy Resources)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.