Golden Arrow Resources Corp. (GARWF)

[investor15]

Caesars Report's Second Most Important Factor in Picking a Winning Mining Investment: Jurisdiction

Source: Brian Sylvester of The Gold Report (5/17/13)

Jurisdiction risk continues to grow as a result of countries attempting to capitalize on higher commodity prices. In this interview for The Gold Report,Thibaut Lepouttre, editor of Caesars Report, a newsletter and mining portal in Belgium, discusses which jurisdictions offer better value to investors and which countries to avoid. He also offers suggestions on where to look outside of North America for compelling values in junior mining.

Section of article;

TGR: What are some examples of countries where the risk is perceived to be much higher than it actually is?

TL: Argentina because President Cristina Kirchner actually nationalized the company Yacimientos Petrolíferos Fiscales (YPF) from Repsol SA. A lot of people got scared and thought that the mining business might be next. That was 15 months ago and nothing has happened. The risk of nationalization or government involvement in mining projects is limited, especially because mining licenses are distributed by the state. The federal government is not making the decision on the mining project. As an example of a company there, Golden Arrow Resources Corp. (GRG:TSX.V; GAC:FSE; GARWF:OTCPK) has an exciting high-grade silver discovery in the Jujuy province in the northern part of Argentina next to Bolivia. The metallurgical tests were out recently and averaging in the 90s. The company has just released an NI-43-101-compliant resource estimate with 105 Moz silver equivalent, which is much better than what I was expecting.

TGR: Golden Arrow is also part of The Grosso Group, a group of mining companies based out of Vancouver. How important is that in a climate where financing is increasingly difficult?

TL: It is a good thing because it can share several resources, such as office and investor relations personnel. Being part of an umbrella group could actually reduce the overhead costs.

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http://www.theaureport.com/pub/na/caesars-reports-second-most-important-factor-in-picking-a-winning-mining-investment-jurisdiction