WATCHING THE WORLD HOLDING ON TO BARENTS SEA BARGAINS
With David Knott from London Explorationists can never say never, says Harry Wilson, chairman of Kirkland Resources AS. He was explaining why his exploration company is based in Harpenden, U,K., but register in Oslo and how it acquired unique assets. In 1987 Wilson set up Kirkland Resources Holdings plc to build a portfolio of prospective acreage in the Far East. By 1989 it needed market listing to fund further growth. But Wilson balked at paying 500,000 ($800,000)/year to run a U.K. listing.