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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU
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To: bill718 who wrote (3587)6/24/1998 1:56:00 AM
From: bill718  Read Replies (2) of 4718
 
Re. sale of Rappa...this is a very positive move for these reasons and more:

1. The deal is supposed to bring pretax proceeds of approximately $3,400,000 ($2,100,000 in cash and about $1,300,000 in common shares of the waste management company) from a 1996 investment of $1,800,000.

That is 89% gain using these figures (which could even be conservative estimates)...pretty good return if you ask me.

2. Waste management in Africa could be a VERY profitable business to get into because the people and government there are starting to wake up to how important this is (as are people around the world).

For example, this paragraph...

"As a result of a growing willingness and determination on the part of the South African public to become involved in waste management...."

...comes from this website in Africa:

southafrica.net

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