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

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To: VAUGHN who wrote (720)	3/16/1998 4:26:00 PM
From: GULL	Read Replies (1) of 7235

Hello Vaughn The article in the Financial Post and the contents of your recent letter make for very interesting reading indeed. The question posed by yourself as to how the heirs "corporation" could have registered the mineral rights could presumably be as follows: 1.The specific mineral rights were never registered with any other party but those that appear on the original mineral rights certificates. These rights were inherited by the current heirs as established by DD. 2.When the corporation was registered, the Registrar of Companies in S.A would have picked up any anomalies or irregularities and would have immediately refused to register the mineral rights unless they were sure that all correct procedures had been complied with. I look forward to your comments. P.S.Congratulations on a well presented and balanced essay! Regards, Gull

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