Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (89036)	3/22/2001 1:35:50 AM
From: dfloydr	Read Replies (1) \| Respond to of 95453

Iso/Slider: Re South African gold stocks : check out this week's Economist for the article on property rights in the Republic. They are beginning to redistribute lands and mineral rights. So far the mining companies are said to be likely to hang onto their properties ... but you know politics. Would you rather take a mineral right in some forlorn part of the continent or would you rather have someone hand you over an existing mine? Is it any wonder that many najor South African companies have "relocated" to London and elsewhere, and have been investing in Canada, Australia etc.. Zambia, to the north, secured property rights for a number of years, but that has all fallen into a land stampede supported by the government. South Africa seems a lot more stable than Zambia in almost every dimension, but the population pressures are driving the politicians hard.