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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: VAUGHN who wrote (1412)6/4/1998 3:39:00 PM
From: GULL  Respond to of 7235
 
Thank you for a touching posting.I will show it to my wife and two children.Show the postings that have been directed to me to your family.
The only organization that has destroyed any dreams is SUF.
Thank you for admitting that logic is being ruled by emotion.
Why don't you vent your emotion on the people who are really responsible at SUF?



To: VAUGHN who wrote (1412)6/4/1998 7:20:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 7235
 
To All

Just heard an interview with a Vancouver Analyst on NWBN about SUF. For those that don't know, this is a nationally broadcast business news program in Canada with a fairly wide following.

The story was all very vague and provided almost no information or detail. However, the essential theme was if SUF does not get the M-1 or is forced to share it with DeBeers, Canadian juniors should avoid doing business in countries like SA where the law does not protect shareholders assets from appropriation by 3rd parties.

SA was compared to Indonesia.

How many Canadian juniors are standing up these days announcing that they have a play in Indonesia no matter how good it is? How many were doing it in 1996?

That story is not going to attract investors anymore and the suggestion was quite obvious that any junior with a SA and possibly an African story might be wise to move on, as the risk is not worth it. There are law abiding countries that need investment where shareholders equity is reasonably safe from this kind of risk.

Too bad Maduna does not watch Canadian TV. Perhaps one of you should suggest to the SA Consulate that he might like to watch the rebroadcast this evening at 7:30 or 10:30?

I would say that if this story is repeated in other media, and it will be, there is some real risk to foreign investment in SA.

Regards