southern africa minerals Message Board

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Gold/Mining/Energy : southern africa minerals

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To: Neil Thomas who wrote (225)	9/12/1998 5:16:00 PM
From: Leo Raftis	Read Replies (2) of 314

Hi Neil and Geoff holes are from the Caber South and roads are being built to Caber North and roads to main access point.It is no secret that Noranda wanted this discovery to feed their close by mill that is now only operating at 40-50 percent and will put this property into production quickly.I think SAF's board is very concerned that Noranda may try to put in a low ball bid to steal this property from us,thats why SAF has to put out this announcement quickly to get our stock price at a higher level to protect us from this!.The news will be very positive but what will the market reaction be ?hopefully higher volumes and prices,your right Geoff at the moment we will be the best play and in a normal market SAf would be trading at a much higher level.I'm betting the nickel values will be outstanding and the copper and silver values good. Eric are you still with us hope you didn't sell all of your position looks like SAF will finally be recognized.LEO

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