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Gold/Mining/Energy : America Mineral Fields
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To: Gunnar who wrote (69)1/22/1998 3:44:00 AM
From: Josh  Read Replies (1) of 84
 
I would say AMZ better focus on Angola for the time being. In DRC won't be much action for some time, however, Angola diamonds can bring new light to the company.

AMZ has an option to purchase all shares of IDAS, which holds the richest diamond concession in Africa. AMZ has estimated a net profit of USD 300 M, for their first concession only (3,600 Km2). What about the second one (36,000Km2) ?

I'll bet on Angola for the following period.

What would you think?

Josh.
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