8 Mar 2013 08:37
I have held some of these shares for 5 years and they have not moved a lot either way but with the news they are looking good. When the mine is re-opened these shares will rocket.
http://www.bougainville-copper.eu/news-march-2013-2.html
In a world first, Papua New Guinea's copper-rich island of Bougainville plans to introduce legislation that will see traditional landowners share mineral rights with their government.
In the 1990's dissatifaction over the sharing of benefits from Rio Tinto's giant Panguna mine, led to a 10-year civil war on Bougainville, which left thousands dead.
As Rio-Tinto prepares for negotiations for the re-opening of the mine President John Momis is adamant it will be on his terms.