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Gold/Mining/Energy : SOUTH AFRICAN MINING
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To: ForYourEyesOnly who wrote (164)9/14/1998 12:01:00 AM
From: EZbeliever   of 472
 
THC...I don't think you will go wrong with SSRIF

Forgive me, but I am a little burned out on the subject. Go back and scan last weeks Kitco Gold Discussion Group postings and you will
find plenty of details on my take on the company, including details of
the current litigation with Geolog.

As for the recent aquisition in Argentina, I don't have an opinion yet.
I think I read the same negative posting you did in the other talk forum
on SSRIF regarding Global Exporation but was not moved by it. I am far more intersted in the property itself and the drain on current assets
that it will require. As for the other companies involved it is not all negative. Barrick is a 20% player with an option for 40% at a pre-
determined price. You can take it to the bank if Barrick excercises
that option in the future everything is go.
The other company involved
is Black Hawk Mining V.BHK. This is one I have been researching with some interest. According to some information I have been gathering they have over one million ounces of gold in proven reserve and are producing earnings of about 1 PE. This could all be just a self-serving promotion by some insiders so I take it with a grain of salt for now. If anyone has good information on BHK it would be appreciated.
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