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Gold/Mining/Energy : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Richard Saunders who wrote (634)	12/11/1998 11:49:00 AM
From: John B. Smyth	Read Replies (1) \| Respond to of 856

They are very optimistic regarding the affairs of Brazil. Based on the projects we are working on and the budgets that are approved for next year, they see our business (if not the economy) continuing to grow. Regarding the government's ability to overcome their fiscal problems, I understand that considerable headway is being made. Brazil of course is the dominant economy in Latin America, with Argentina linked to it as much as Canada is to the U.S. If you are looking at the gold play in Argentina, I think that is independent of the Brazilian economy. Regards, John