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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta -- Ignore unavailable to you. Want to Upgrade?

To: Frank Ferrari who wrote (264)	6/21/1999 8:45:00 PM
From: Berry Picker	Respond to of 2255

Everyone else is !! Or is that Is.com ??

To: Frank Ferrari who wrote (264)	6/22/1999 2:57:00 AM
From: John E.Quinn	Read Replies (1) \| Respond to of 2255

How about "theyhavenochoice.com" The accompanying excerpt from the Green Paper-Mineral Policy of South Africa serves to explain my prognosis of the imminent shift to take place in the direction of exploration for precious group elements. The excerpt is followed by the link to the complete document.Very powerful implications in my opinion. Green Paper Mineral Policy of South Africa 3 February 1998 Chapter Two PARTICIPATION IN OWNERSHIP AND MANAGEMENT 2.4 Policy Proposals Government will continuously promote a wider spread of ownership and seek to facilitate acceleration of the changes that are already under way. Consequently Government will consider the introduction of specific initiatives such as those set out below: Government will facilitate steps to deracialise business ownership and control by means of focused policies of black economic empowerment. In the mining sector, State intervention through parastatal development finance institutions (including the Industrial Development Corporation and the Development Bank of SA) to finance investment in new and existing mining ventures in partnership with black companies will be encouraged. Employee Share Ownership Participation Schemes are a practical vehicle to promote a broader spread of ownership and participation in mining companies. Government will facilitate such changes by adjusting the administration of tax and company law to reduce obstacles to establishing ESOPS for low income workers. (The third Interim Report of the Katz Commission "very much supports the objective of greater employee share ownership in South Africa," and states that ESOPS should include "the entire labour complement of a company ... particularly employees at the lower level of the organisation"). Government will encourage real worker participation in the management of all mines. polity.org.za