New Gold Discovery

Trying to convince a gold miner to "go green" is difficult to do considering that one mines gold for profit. But let's hope; who doesn't love Australian fauna?

It's Indonesia here - most likely cyanide will be used and government regulation for environment would not be as strict as here. Lots of political drama there as well. Gold at Cadia Valley is mined at as low as 0.6g/t so this is quite rich.

While it might sound quite rich, considering the cost of opening a new mine is easily more than millions of dollars, you really need to have that much gold / copper to justify the capital expenditure, overhead, labour cost, mobilization, demobilization, hedging against volatible metal prices and so forth. Not to forget the investors' expectation of profitability. Wait, you might have unions wanting more - it never ends.

Get into the mining industry and you'll have a better idea.

interested in learning a little more about shares, without going into lots of detail, if they do sell shares at 14c each what would be the minimum amount you could buy?

The Indonesian Islands (Java & Sumatra, with 130 million people), are amongst the most heavily populated on Earth.

Some foreign owned mining ventures have already gone disastrously wrong in Indonesia. It is just not worth the environmental and political fallout to the Government to have another major disaster.

Hence the very strict new regulations.

Corruption in the forestry industry has been and still is, a major problem in Indonesia, especially in relation to Borneo.