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Gold/Mining/Energy : amcan minerals -- Ignore unavailable to you. Want to Upgrade?

To: Wats who wrote (49)	4/9/1998 4:48:00 PM
From: Diamonds Are Forever	Read Replies (2) \| Respond to of 71

Below is the first comments I have seen on where the peace process ultimately stands. Some members of UNITA have relocated to Luanda and the radio station for UNITA has stopped airing views against the government of Angola. These were two of the large three remaining issues that needed to be sorted out for the peace process to be finalized. Still remaining is UNITA handing over some provinces they still control and their leader relocating to Luanda (at least for work/country related tasks). The rainy season ends in Angola middle of May (with peace process still proceeding, I could envision the company holding back another month now and wait for the rainy season to end and hopefully the peace process completed). Taking over the diamond areas in and around Koidu, Sierra Leone are taking more time then previously communicated by ECOMOG. What does this all mean ... April is not the month AmCan takes off to the moon (or at least a new high). May could be the start of it but maybe June might be more realistic (or lets just say the stock might move up and up before but the real fun time will be June). Does this mean there is time to purchase stock? Maybe, depending on how much stock you want. The float is so tight, but support on the "ask" is weak still. This is why there are 30 to 40 percent flucuations during these times of waiting. 20000 shares will bring it down quite a bit on the bid just like 20000 shares on the ask will bring it up quite a bit. Now what will a brokerage firm recommendation (or two)do to this tight float ... now you can understand why I am optimistic. Bottom line is that they have rights to great properties and this will not go unnoticed for too much longer. As each day goes by, the company is getting closer to having a LOT more going for them above and beyond what they have now, as always in their case, countries permitting. From the BBC website: World: Africa Portuguese Defence Minister in talks with Angolan officials on expanding military co-operation The Portuguese Defence Minister, Jose Veiga Simao, is in Angola, holding talks with senior officials about expanding bi-lateral military and technical co-operation. Correspondents say Portugal, the former colonial power, is one of the main sources of weapons and training for Angola, an emerging regional power with one of the strongest armies in Africa. Mr Veiga Simao is also expected to meet the head of the United Nations mission in Angola, Alioune Blondin Beye, to discuss the state of the peace process with the former Unita rebels. The 1994 Luanda peace accords that ended the civil war are due to reach a conclusion this month with the handover of the remaining territory controlled by Unita