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


To: VAUGHN who wrote (1688)6/27/1998 9:15:00 AM
From: Peter Bourgeois  Read Replies (1) | Respond to of 7235
 
Hi Vaughn!
The situation in Angola may very well account for the low share price. If full scale war breaks out, I think that we may see new lows. However even if UNITA were to achieve a military victory and take over the country, they would still need companies to bring revenue to their coffers. I dont believe that they would chase existing companies out of the country. All that would mean is possible delays in bringing Angola properties into production. I intend to hang on for a while longer (come hell or high water).
My two cents for what it is worth!
Have you heard where those four possible pipes mentioned at the AGM might be located.

Cheers !!!! Peter



To: VAUGHN who wrote (1688)6/29/1998 10:06:00 AM
From: Goalie  Respond to of 7235
 
Hello Vaughn: Re Angola, the only question asked by a shareholder concerned security for SUF people as a result of the tragedy. CJ said he had been assured by the police and the military to provide tight security in the future. The political instability was not discussed.
Regards.