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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: VAUGHN who wrote (720)3/17/1998 9:08:00 AM
From: Goalie  Read Replies (1) of 7235
 
Hello Vaughn:

To answer your question, I believe that the reason for the company registration is that the rights dont have to be subdivided...i.e all 29+ so-called heirs are now one, as in a class action. I say "so-called" because they would have had to prove each individual in court; now its only a single entity in question. However, Randgold lawyers will obviously question the legality of this latest move and when it was registered.

Incidentally, did you notice that the lawyer who launched the action claims to be one of the heirs!!!??? Hmmm!

Hope this sheds a little light on the subject.
Regards. Goalie.
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