I see Island Oil and Gas have upset the locals in Western Sahara, not a wise move as they managed to force Kerr McGee out of the country by forcing the major funds into selling off the stock.
Gartmore hold just over 12% of their stock and have a social responsibility policy.
Shorts at the ready ? - not really as they will have to surrender the license as they will need more funding for 2007/8 drilling.
On the same ish note - Encore have updated the Western Sahara section on the website.
Social Responsibility Policy
EnCore will respect the interests of the communities in which we operate. We will honour internationally accepted labour standards prohibiting child labour, forced labour and discrimination in employment. We will not be complicit in human rights abuses. EnCore will support and respect the protection of human rights within our sphere of influence.
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