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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: Mike Petriv who wrote (527)	12/17/1997 1:44:00 PM
From: Peter Bourgeois	Read Replies (2) of 7235

Hi Mike! Thanks for the info! Just a few minutes ago CBC News announced that Winnie Mandela has taken Her name of the ballot. I think her political aspirations are over at least for the present. I dont believe that South Africa will ever turn Marxist. The sanctions and the hurt of a few years ago are still too fresh. If South Africa is to grow and it must in order implement reforms, then business must have a favourable environment in order to invest. I believe that no matter who replaces Mandela the business atmosphere will remain positive for investments. Having said that about South Africa, I am not as confident about Angola. In my opinion the two countries are miles apart and for all intents and purposes should not even be on the same continent. My Two cents worth. Cheers !!! Peter

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