RE: Marketing23 Jun 2020 22:13
Hi Safetrader1, I'm all for examining fundamentals, one of which is location - SRES in Nevada versus ACP in Tanzania.
https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2019
"
The top
The top jurisdiction in the world for investment based on the Investment Attractiveness Index is Western Australia, which moved up from 2nd place in 2018. Finland moved into 2nd place after ranking 17th the previous year. Nevada moved down two spots from 1st in 2018 to 3rd in 2019. Alaska ranked 4th this year, and Portugal improved from 46th in 2018 to 5th in 2019. Rounding out the top 10 are South Australia, the Republic of Ireland, Idaho, Arizona, and Sweden.
The bottom
When considering both policy and mineral potential in the Investment Attractiveness Index, Tanzania ranks as the least attractive jurisdiction in the world for investment. This year, Tanzania replaced Venezuela as the least attractive jurisdiction in the world. Also in the bottom 10 (beginning with the worst) are Argentina: Chubut, Argentina: La Rioja, Guatemala, Dominican Republic, Zambia, Venezuela, the Democratic Republic of Congo, Mali, and Nicaragua.
"
I have had some seriously bad experiences investing in African mining companies, so thanks for the tip, but it's not one for me :-)