southern africa minerals Message Board

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Gold/Mining/Energy : southern africa minerals

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To: Leo Raftis who wrote (272)	3/14/1999 8:39:00 PM
From: Neil Thomas	Read Replies (1) of 314

Leo, SAF & Noranda seem to be holding their cards close to their chest. The Caber (south) is getting better and better. Caber north seems to be growing with each press release, in terms of understanding the geology and the intersections of metals. I checked out insider trading and found of the last 18 records (April 98 to Jan 31/99) there were 284,000 shares purchased and no sales. All this data, would in my opinion, point to the strengths of the Caber area as a whole and to the strength (underlying value) of SAF. However, I could handle a bit more action in price and volume. Neil

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