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gtaval - Fri, 29 Dec 06 :

from aminex's press release jan 2005;

Kobril has been specifically set up by the DPRK, under power of attorney from the DPRK cabinet, as its vehicle for international co-operation in the development of many areas of natural resources, including not only oil and gas but also gold, coal, iron ore and coal-bed methane. Kobril is already one of the parties to the twenty-year Petroleum Agreement between Aminex and the DPRK, which was announced on 20 September 2004.

That's 10% of a lot of resources IMO. Hadn't really given this as much relevance as I should of when constructing my portfolio. Damn. ;-)

cheers, and a prosperous new year to all
gtaval


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