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Gold/Mining/Energy : southern africa minerals

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To: eric r. f. who wrote (209)	6/16/1998 9:13:00 PM
From: Neil Thomas	Read Replies (1) of 314

The whole market took a pounding, no real concern here in my opinion. Reasons penny mining took it hard was metals & mines and financial services had the largest % drop of the TSE sub indexes. Therefore no surprise SAF slid back in the market along with the rest. Hey I took advantage of the pull back, bought some more. News should be out soon on what the drilling on the Caber has found and then the associated assays some time in the future...perhaps they will wait until assays are ready and make it a single press release. Anyone have news on the progress of the Caber drilling ? The March releases seemed to be indicative of a really good resource at the Caber & if the numbers turn out as expected it brings the added bonus of road development so a ramp can be driven. With a road the Caber North will be made accessible for year round drilling not just winter. Wild card will be additional indicator mineral test results from the Mosoame (spelling sorry) identifying more kimberlites and what about the bulk rock samples sent to Michigan lab for diamond analysis ? SAF has excellent potential. Neil

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