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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Peter Bourgeois who wrote (171)7/15/1997 12:05:00 PM
From: Peter Bourgeois   of 7235
 
Hi all!
Did anybody happen to catch Venture a couple of days ago. They was a piece on there about Diamondworks and Angola. From the story it appears that things in Angola are far from stable.
It appears that Executive Outcome is protecting the Diamondworks mine from rebels. They had some pretty impressive firepower including Armour and Gunships. This is not your typical security with a couple of rusty handguns.
If Angola is that unstable, it may account for the low share price.
I wonder what security Southernera is using. If they are also using Executive Outcome it may reflect on the share price at some later date. They are not the most popular security company in Africa. But they certainly have the will and the expertise to get the job done.
Cheers !!!! Peter
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