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To: SJS who wrote (3328)	9/24/1998 1:45:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 14427

ASA, AU, and GLDFY are my favorites. Dividends in excess of 4% w/ huge upside. All are S. African. ASA is a closed end fund of S. African gold stocks and "things you can leave the country w/" company's like De Beers. ASA's top two holdings are the two largest S. African golds... AU and GLDFY. -Lucretius

To: SJS who wrote (3328)	9/24/1998 8:31:00 PM
From: Shelia Jones	Read Replies (2) \| Respond to of 14427

Steve - Thought after my last calculus class I wouldn't worry with derivitives again. Another gold to consider. Looks like AU closed at an all time high today. No overhead resistance. P/E about half of American peers (those that have a positive P/E) and a dividend. A nice combination to my mo-mo NEM. Plus you get lions. I had some trouble initially gathering information on AU. For anyone interested - they have a quite informative web site: anglogold.com that includes 4 analysts reports: BOE Securities, Merrill Lynch, HSBC Simpson McKie and Warburg Dillon Read. Also lion pics. South African-based AngloGold is the world's largest gold producer - some 7 million attributable ounces a year, which amounts to 9 per cent of global output. The company also holds the most extensive gold reserves - 140 million ounces, and a total resource base of 418 million ounces. Formed in June 1998 through a merger of the gold interests of Anglo American Corporation and its associated companies, AngloGold, which has a market capitalisation of $4 billion, is listed on the Johannesburg, London, Paris, New York and Brussels stock exchanges. In South Africa, 13 mines are divided into the following operational areas: Vaal River West Wits Free State These mines are situated in the Witwatersrand Basin, the largest gold mining region in the world with known and estimated reserves of 643 million ounces. All are deep-level operations, mining at an average depth of 2 100 metres below surface (6 900 feet) and in the West Wits region as deep as 3 777 metres (12 400 feet). --------------------------------------------------------------------- AngloGold Celebrates NYSE Listing With a Lion's Roar PR Newswire, Wednesday, August 05, 1998 at 16:28 NEW YORK, Aug. 5 /PRNewswire/ -- AngloGold, the world's largest gold producer, got off to a roaring start with its listing today on the New York Stock Exchange. AngloGold CEO Robert M. Godsell stood on the NYSE bell podium and opened the market with a live, 500-pound, 8-foot tall lion named Arthur. In lieu of an opening bell, two native South African drummers rang in the day's trading from the floor of the Exchange. Godsell was accompanied on the podium by Richard Grasso, Chairman and CEO, NYSE and James Motlatsi, President, Union Mineworkers of South Africa. The lion's unprecedented appearance on AngloGold's first day of trading on the Exchange marks the launch of the company's new leonine logo. To add to the celebration, two live, gold-painted mythical figures posed and a group of colorfully-clad South African drummers entertained passersby in front of the NYSE all morning. AngloGold is the first South African company to list and the 362nd international company to list on the NYSE. AngloGold has a market capitalization of $4 billion, produces 7 million attributable ounces of gold annually and has reserves of 140 million ounces. The company now trades on the NYSE under the Ticker symbol "AU".