MercoPress. South Atlantic News Agency

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  Pete Bog

  How did the Argentines allow that? Canada supports the Falkland Islanders right to self-determination.

  Jun 19th, 2012 - 10:34 am - Link - Report abuse 0
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  British_Kirchnerist

  So much for the isolated pariah state of Argentina! =)

  Jun 19th, 2012 - 11:17 am - Link - Report abuse 0
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  Tabutos

  we have more to talk about other then the UK islands. there is trade to be have and oil to find its all on the table if you dare to sit?

  Jun 19th, 2012 - 11:36 am - Link - Report abuse 0
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  EnginnerAbroad

  @2
  
  I wouldnt worry about mining companies investing small amounts “3% of Yamana’s market capitalization” they have more than enougth low risk enterprises around the world to balance risking this small amount of their buisness. If 3% was siezed it would not overl effect the company.
  
  It is oil compnaies that are going to be very reluctant to invest even the siezure of ypf. The new head of YPF has said the company needs $4 billion a year for 7 years in order to increase production, this is money that neither ypf or the government has, therefore (based on the fact that Argentine cannot borrow money , and now as a government owned company it is very unlikely ypf will be allowed) they need foreign investment and a lot of it. Given that ypf have said they will not be paying dividends so it can be reinvested, I cannot see many foreign companies wanting to invest their money in an extremly high risk operation for no returns. Argentine is currently one of the msot risky countries in the world to invest in behind Greece. Without the oil investment CFK will not be able to cut the huige costs of importing fuel i.e. natural gas (which has over the past few weeks has seen supplied run dry in many parts of the country).
  
  I would suggets you do not start gloating until there is significant investement in the oil and gas industry.
  
  Argentine is currently the

  Jun 19th, 2012 - 11:42 am - Link - Report abuse 0
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  Viscount Falkland

  Peter Marrone should talk to the Chairman Of Repsol before he signs anything !

  Jun 19th, 2012 - 01:27 pm - Link - Report abuse 0
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  jerry

  There are already hints that the K government will soon begin talking about taking over mining proprties.

  Jun 19th, 2012 - 04:18 pm - Link - Report abuse 0
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