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Gold/Mining/Energy : Precious and Base Metal Investing

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To: E. Charters who wrote (18412)	8/28/2003 10:06:45 AM
From: Louis V. Lambrecht	Read Replies (2) of 39344

Was not discussing the merits of legalistic law$uit$. Just summing up some events which show a trend to "redistribute" money "people's exploiters" made on the back of the "spoliated workingclass". (I'll stop here or risk to be banned for racism <ng>). My feeling is that the SA integrated miners (Anglo, HMY, GFI,..) are diversifying, exploring in other countries, JV with foreign companies and when the majority of their activity will be non-domestic, they'll relocate and pay their taxes to a more friendly country. Who will be holding the empty bag? Meanwhile, SA gold production is falling. Yep, good for the price. Cynically.

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