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Message: INDUSTRY BULLETIN – The Great U.S Gold Shortage

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Re: Mongolian politics

in response to Re: Mongolian politics by junior45
posted on Sep 10, 08 05:34PM

Junior, the 34% participation is specifc to this particular deal. But from what I herd from someone who understands politics in Mongolia, is that its current practice in Mongolia and it doesn't hurt to give a 20% participation to the government to get them on your side to help speed up permits and so on.... Its an accepted way of of doing business there.

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