November 8, 2002
Dear Fund Manager:
I am writing to call your attention to the controversy surrounding Gabriel Resources Ltd. and their proposed open cast gold mine in Romania. I am writing on behalf of the Halifax Initiative, a Canadian coalition of non-governmental organizations working together to monitor international financial institutions and their projects. Our members include Oxfam Canada, West Coast Environmental Law Association and Kairos Canada. We are also working closely with a coalition of people in Romania, actively opposing the proposed mine.
Your company may be considering investing in this project or may have already done so. We are writing to highlight the risks involved in making such an investment in Gabriel Resources and the Rosia Montana mine.
(1) Commercial Risk