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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: geoffb_si who wrote (883)4/27/2001 2:38:58 PM
From: russwinter  Read Replies (1) of 4051
 
<Various fories into SA)

Was a timing issue given that the SA gov has gone with a "use it or lose it" rule on mineral properties, that has created the notion of a defacto demonopolization of the PM industries. Perhaps these companies sensed an opening, and rushed into the breach to try and get positioned, only to have the door slammed in their faces. Obviously a great resource country still, but tough to do "American/Canadian style" business there.
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