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Gold/Mining/Energy : America Mineral Fields

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To: Keith Morley who wrote (50)11/28/1997 5:20:00 AM
From: Josh  Read Replies (2) of 84
 
Keith,

Yes, I checked out AMZ homepage. But again, I feel Congo won't
give to much positive news on short term. Anything can happen.
As to Brazil, is there any activity? There is no acitivity in
Angola, however, this is result of the rebels keeping areas
occupied. I understand the JV partner of AMZ, IDAS, has secured
the border to Zaire, weakening the rebels. I would think that
upon releasing areas by the rebels (which is happening at this
moment) AMZ can make a start with the projects.
According to there own info the concession hold the most and the
best diamonds of Africa, and there is big potential for kimberlites.
I see that this concession has high potential. But when?

Rumours were that AMZ would be taken over by one of the directors
companies. I believe this is because of Angola. If so, something
might happen any day, looking at the local developments.

Do you know anything about any takeover?

regards,

Josh.
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