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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: Valuepro who wrote (1340)6/2/1998 2:53:00 PM
From: VAUGHN  Read Replies (2) of 7235
 
Hello Valuepro

In have just heard that there is a rumour on the street about an incident or if you prefer, the health of an individual (not a principal of the firm). As it is a rumour and SUF has not made any comment, it would be grossly negligent for me to repeat it as it may be a fabrication by shorters for all I know.

Nothing I heard suggests that the company's cash flow has been hurt in any way.

Considering the price drop there are a flood of phone calls into SUF offices and I could not get through to get a confirmation or any idea if they will make an announcement?

Regards

P.S. I came across this on a mining news site:

DHK Resources, owned 1/3 by each of Dentonia Resources (DTA:VSE), Horseshoe Gold Mining (HSX:ASE) and Kettle River Resources (KRR:TSE) reported on the results of the 1998 exploration program carried out by Kennecott Canada Exploration on a known kimberlite pipe in the Northwest Territories. Certain previously drilled anomalies were re-tested on the basis of geophysical work and till sampling. Drilling on DO29N, north of DO29 which returned 1 micro diamond from five holes, returned one macrodiamond and eleven microdiamonds from 82.7 kg of sample material. Results from indicator minerals analysis will determine the next phase of work on DO29N. (May 28/98)
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