southern africa minerals Message Board

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Gold/Mining/Energy : southern africa minerals

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To: Leo Raftis who wrote (206)	6/10/1998 8:47:00 PM
From: Neil Thomas	Read Replies (1) of 314

Leo, Had a very interesting and beneficial conversation with Mr. Denis Francoeur, President & CEO, this afternoon. Glad I bought more SAF this week. He confirms SAF is out meeting with brokerage houses and is near settlement of financial terms with one house and working on 5 other houses. SAF respect and solidarity in terms of price/share and longer term commitment are the objectives due to the inherent value of the Caber-Caber North and Botswana (Mosomane) projects. Although the market perception of junior mines has been unfavourable this company, in my opinion, has from the responses to the questions I raised - great potential ! Also insiders have a good chunk of the shares so they have a vested interest in managing the company well. Neil

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