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Re: 2create post# 31383

Monday, 03/12/2007 6:51:50 PM

Monday, March 12, 2007 6:51:50 PM

Post# of 115222
2Create, you may recall a while ago that I asked about the situation with Russia / Resource companies.

I recall that you mentioned 75% Russian owned - "just the way Putin likes it".

One thing I'm not clear on -- did you mean 75% owned by a Russian Government entity or did you just mean 75% owned by Russian nationals?

In the past, I recall reading in various world news articles that with oil (e.g. YUKOS, etc.), it means now all must be actual government majority owned.

Is it the same with mining ? Or doesn't it really matter much (Russian law-wise) who owns (majority of shares)?

You've seemed pretty "up" on Russia knowledge so just wondering if you knew...