Mandarin Venture Equity Inc.
April 22nd, 2009
With few notable exceptions, exploration and mining in Cambodia until recently suffered from a combined lack of exploration capital and a reluctance or inability on the part of foreign mining companies to embrace and adapt to working within the region’s cultural norms.
The result is that excellent opportunities are currently available for aggressive, properly financed, exploration companies able to operate comfortably within the Cambodian culture with on-the-ground experience. The country is politically stable and eagerly welcomes foreign controlled companies. In Cambodia good things happen quickly when money is available for exploration and development making Cambodia refreshingly easy to do business in, when compared to other countries in the region.
The strategy of the Company is to acquire excellent mining concessions, do the work necessary to develop the properties or make them sufficiently attractive to other joint venture partners.
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