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To: Nick who wrote (1792)1/6/1998 11:06:00 PM
From: Chad Beemer  Respond to of 2378
 
Nick,

A great piece of homework however we don't know by reading the release
what led to the government pulling the property from AMF. I do think
it is worth asking Rick and I will tommorrow if I can reach him. You
do know that Barrick is right east of STS concessions and Banro is to
the south and both doing quite well so this could just be an isolated
case. Noone ever said that the Congo was country without risk but it
is more stable and much easier to work in than Angola was. I will follow up on this as I gather more info.

Chad Beemer



To: Nick who wrote (1792)1/7/1998 5:57:00 AM
From: john mcknight  Read Replies (1) | Respond to of 2378
 
Hi Nick,
As a fellow shareholder I share your frustration, however I contacted our FO this morning and they are basically pleased with things in DRC at present ,there was in fact a cabinet reshuffle there(bloodless) within the last few days and as far as our FO is concerned it was for the better ,the country is quiet and the FO has received a good number of enquiries from UK mining companies in the last few days wanting in or back to DRC, we do not know the background to AMZ's dispute and it may or may not be one sided , heres hoping we can finally get this show on the road

Regards

John