SOUTHERNERA (t.SUF) Message Board

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

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To: Factfinder who wrote (532)	12/18/1997 3:37:00 PM
From: Chas.	Read Replies (1) of 7235

Hi Factfinder.... Read your post with great interest, if I may ask, what did you do in SA for those 3 years? You seem to be knowledgable in African politics so I'm asking a hypothectical......This question is not meant to start a scare rumor or anything like that, as an investor in SA diamond stocks I'm just interested, thats all..... I'm old enough to remember, as a young man, the Cuban Revolution and a lot of its details.....relatives owned land on the Isle of Pines.......at any rate.......as soon as the revolution became defacto, Fidel announced that a policy of Nationalization would commence, forthwith.......A long list of very big US companies(and others) bit the big bullet in a big way and the rest is history. My question is....why can't this happen in South Africa when Mr Mandela leaves???? Isn't the ANC a somewhat of an unknown factor???? On another subject...you mention Angola, SA being fairly stable but Zambia being an unstable sort (implied) Well what about "spillover" into Angola< in the event Zambia goes "nutso"with a new ruler??? Appricate your thoughts???? I do not believe this to be an "Off topic" issue due to our considerable investment in Africa and SA in particular.......Thanks....Chuck

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