See: thomcalandra.com
PHNOM
PENH, November 20, 2014 — ?Our rainy
season in natural resource?s ?looks
like it ?is giving way to sunshine. It
cannot happen FAST ENOUGH.
We are
just past rainy season in the Kingdom? of Cambodia?.??
Angkor
Gold’s ?Mike Weeks is presenting to the nation’s mining
regulators. The subjects? Various.
?He was
presenting to the Ministry of Mining & Energy here in the Cambodia capital.?
As the resources tailwind continues this week and for the rest of this
year, ?
?Cambodia
(and other emerging market nations with 8 percent-plus growth rates) will
garner headlines about a surge of investment capital. In the case of this
Southeast Asia nation, almost $1 billion combined is headed Cambodia’s way (in
recent days) from China, Malaysia and others, much of that for
agriculture.
The
streets of Phnom Penh are booming — much like Mongolia‘s Ulan Bator 12
years ago. Those who want more right now will have to wait — I have the
images, the evidence and the data on this city’s transformation to wanna-be biz
capital of the region.
The TCR
flash point for Angkor Gold (TSXV: ANK) will
come from global recognition that this is a young (world’s youngest
demographic) country with as yet vast and unproven deposits of gold,
perhaps copper, iron ore, molybdenum.
I shall
have more to report about Cambodia’s agricultural ambitions — rice, coconuts,
cashews, rubber, to name a few. We just met with one small group that seeks to
capitalize on the growing audience for coconut products.
As for
gold, and who knows, energy, when that flash of Cambodia recognition ignites,
commodities investors will have little choice but to turn to Angkor Gold
for a piece of this rock.
Most of
the rest of the prospecting and metals crowd is gone from this nation, or
dissipated. Angkor Gold’s connections, led by Mike Weeks and his team,
are in year 6 of cultivating property concessions (7 of them), joining forces
with China-educated geologists and engineers, and with an India steel producer,
building what will be Cambodia’s first commercial gold mine.
Watch all equities heck break out when those Cambodia regulators sanction the Phum
Syarung mine in northeastern Ratanakiri Province.
This is
why I am here. I will make this forthright: if you have not purchased shares of
Cambodia’s homegrown and socially aware Angkor Gold by now, at an $18
million market capitalization, well, I am refusing sob stories in this, my
sixth trip over.
I am on
the way to base camp at Ban Lung in
Ratanakiri Province with the Angkor Gold team, including Mr. Weeks.
Aside from the minerals, Mr. Weeks and his wife, Delayne, along with a cadre of
China engineers and geologists from the recent Beijing buy-in are becoming a
model for community awareness of diet, water, health care practices,
sustainable gardening and … the list goes on.
Not to
mention excellent practices in their geological pursuits.
Even the United Nations is watching this tiny company and the good will
it is seeding across a Buddhist nation of rabid commerce. Culinary craft
and beautiful, way beautiful people.?
THE CALANDRA
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