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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (44355)	10/30/1999 9:35:00 AM
From: Ironyman	Respond to of 116759

The So. African Mining Industry has a web site which continues to tout Ashanti as a success.....I'm sure that the share holders might have a different opinion. It has become very clear that only physical gold will be the safe investment! Irony Man

To: re3 who wrote (44355)	10/30/1999 9:46:00 AM
From: IngotWeTrust	Respond to of 116759

The only frame of reference I have is this, ikegodsey: my days of untangling the innerworkings of an Ashanti neighbor, Mali, West Africa, and their gold concessions process, and how the government deals themselves both at the beginning of the "claim staking" process and again at the point in time when a mine actually goes into production. I'll continue this line of thought if you think it would be of value. My point being that I'm assuming what a man named Orly did for Mali's "governmental interest" laws. This may help answer your ownership question in regards to gold and diamond mining "over there" as has both initially drawn up and then expanded a set of precedents. I am assuming said "initiations and refinements" are used now by other West African neighbors, who need the mining generated tax revenues so desparately, and to Mali's capital city benefit in particular. There are now street lights and schools etc where there didn't used to be all due to governmental mining "participation" in Mali. It is further my understanding that the numbers re: Ashanti are reporting that Ghana govt has 20% of Ashanti and are voting their best interests. It is my educated guess the Ghanian govt is/are being rather stubborn about whose ox gets gored ala Cambior's "financial hickey": will it be theirs or the "Nasty West and Even Nastier Queen E" ox. Nationalization of an operating goldmine is always a not so hidden "ace." O/49r Thanks for writing. O/49r