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Gold/Mining/Energy : southern africa minerals

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To: Neil Thomas who wrote (237)	10/22/1998 4:27:00 PM
From: keith schaefer	Read Replies (1) of 314

Contiki Resources (TKI:VSE) has optioned a big chunk of SAF's Molopo diamond ground in Botswana. TKI is managed by the Rupert team, RUP, which went from 35 cents to $3.50 last year in one of the worst resource markets ever. TKI has optioned the ground with the best geophysical targets, and the most known pipes. They're raising $500,000 at 17 cents and plan to drill in November 1998. With the financing there will be just under 10 million shares out. Good structure, good management, properties have a great shot - Molopo is on the same geological fault as two of the richest diamond mines in the world - Jwaneng and Venetia, but the realistic target is an Orapa style large tonnage low grade deposit. exchange2000.com contikiresources.com

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