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


To: Diamonds Are Forever who wrote (54)5/18/1998 5:35:00 PM
From: Diamonds Are Forever  Read Replies (1) | Respond to of 71
 
Correction - I meant to say that I would not be surprised if AmCan was given the rights to more property within Sierra Leone. Also, the Armsec deal brings additional property to AmCan's already existing properties within the country; but AmCan would have no equipment to mine either their existing properties and/or additional Armsec properties within Sierra Leone immediately if the $2 million dollar equipment has been destroyed. If it still is in one piece than Armsec will be finalized.

Wish list

1) Equipment in Sierra Leone is in one piece

2) AmCan get additional properties, especially pipe #3, sometime in 1998

3) Angola and Sierra Leone become stable enough to provide security for foreign companies in the next couple of months

One last thing, the buyer on Friday bought all the shares after the American market was closed (after 4:00) and before a Canadian Holiday (today). Maybe he/she knows something positive about the countries.

Like I have said, I believe everything will fall into place, quickly, once the countries stabalize.