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SAAGF - Avoid Shanta Gold - Tanzania Cannot Be Trusted
Shanta Gold Ltd Ord
Tanzanian political risk
It's something of a pity to be able to find an entirely useful investment opportunity and then have to reject it on the grounds of political risk. But that's how I think we should be viewing Shanta Gold (SAAGF). There's nothing wrong with the company, the mine, the management. But the political risk of exploiting a gold deposit in Tanzania is simply too high. On the basis that the local government has either been lying or is grossly incompetent on the issue as shown by the Acacia Mining (ABGLF) saga.