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

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To: VAUGHN who wrote (1688)6/27/1998 9:15:00 AM
From: Peter Bourgeois  Read Replies (1) of 7235
 
Hi Vaughn!
The situation in Angola may very well account for the low share price. If full scale war breaks out, I think that we may see new lows. However even if UNITA were to achieve a military victory and take over the country, they would still need companies to bring revenue to their coffers. I dont believe that they would chase existing companies out of the country. All that would mean is possible delays in bringing Angola properties into production. I intend to hang on for a while longer (come hell or high water).
My two cents for what it is worth!
Have you heard where those four possible pipes mentioned at the AGM might be located.

Cheers !!!! Peter
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