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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Mike M2 who wrote (185369)8/1/2002 8:34:27 PM
From: BDR  Read Replies (1) of 436258
 
< If something drastically terrible were going to happen to the South African gold mining stocks it would have already manifested itself in the charts.>

He seems to be saying, just trust Mbeki to do the right thing. Sure.

<The legislation brings South Africa's mining industry in line with the laws of other major mining nations such as Australia and Canada, and therefore is not the big earth-shattering developing that some investors think it is.>

I think it is misleading to put S. Africa in the same category as Australia and Canada when it comes to private property and the rule of law to protect same.
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