InvestorsHub Logo

FL

Followers 1
Posts 993
Boards Moderated 2
Alias Born 03/20/2004

FL

Re: roan post# 749

Wednesday, 09/29/2004 2:29:35 PM

Wednesday, September 29, 2004 2:29:35 PM

Post# of 2138
Ivory Coast, the bad and the good

roan wrote: "As much as I loved Ivory Coast in the past , and worked there, the current state of affairs will not change in the short to medium term so starting mines there will be very difficult to say the least. The powers in country are profiting nicely from the current problems so they are in no hurry to change."

Yes, the decline in society (including but not limited to the recent civil war) in Ivory Coast may be one of the more depressing things in West Africa now. The iron hand and grandiosity of former life-president Félix Houphouët-Boigny has been succeeded by chaos, and a collapse of Ivoirian gentility, so I read.

But ..., from a gold exploration point of view, take a look at the map shown at the top of the header of this group. By far the largest areas of greenstone and Birimian/Tarkwaian potential seems to be in Ivory Coast. The least exploration and fewest operating mines, for the most potential. Am I wrong about this? At first glance, it looks as though Ivory Coast has been relatively under-explored for gold.

FL

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.