


By Jack A. Caldwell
Mining columnist
Now we are in a position to consider the political risks in Quebec and Peru. Simplistically Quebec could break away from Canada and you would have to do all your mine planning in French. In Peru, well they have had some pretty dramatic changes in government, and I suspect (after but one visit to Lima) that this could occur again.
But do not take my world for it in deciding to invest. Rather look at the opinion on mining professionals. I recommend the annual report put out by the Fraser Institute. I see they rank Quebec as number one in Policy Potential Indexthis is a sort of measure of the political risk you run, although a lot more is included. Peru ranks about 27 just between New South Wales and Victoria, both in Australia. Not a bad bet seems to me. At this link is something I once posted on their assessment of British Columbia. Another place you may consider as a mining investment possibility.
Keep in mind I make no buy or sell recommendations regarding Rocmec. I simply urge you to consider their political risk and to consider the political risk involved in any investment decision involving far away places. Good investing.