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Gold/Mining/Energy : South Atlantic Resources

SCQ 25.16

+0.1%

Sep 19 5:00 PM EST

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To: Gunnar who wrote (204)	3/22/2000 11:59:00 AM
From: Gunnar	Read Replies (1) of 225

Ceo of Boliden, Mr Blow, said on a rally for small investors in Gothenbourg that Storliden was a too small deposit for a concentrator solution. R”nnsk„r was the only alternative. The management in NAN went mad and published a press release where they stated that the results from the Micon International stands firm and further will be released in a few days. Taken the risk to be seen as a person married to this stock I think Mr Blow wants to press the share price down in NAN. He is preparing for a bigger move. I can understand that Boliden wants a high price in the negotiations about direct delivery to R”nnsk„r. The question is, was this the best performance to achieve that goal? Or do you have something else in mind, Mr Blow? Letïs see if this debacle pushes the new and "final" pre-feasibility news to the next week after things have calmed down a bit.

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