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

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To: VAUGHN who wrote (1532)	6/11/1998 6:41:00 PM
From: BozkurtD	of 7235

I have just recently talked to C.J. He was very receptive. He described his meeting with Dr. Maduna as "Very Positive" and understandingly did not want to go into details. He also indicated that the Klipspringer project is moving along with better than expected results. Actually a couple of days ago from the SugarBird blow they were able to extract 4340 carats in ONE DAY with better than average quality. He also indicated that Camafuca has nothing to do with the M1 project. And he did not see any problems with meeting the financial requirements by the deadline of April 20, 1999. He sounded extremely positive on the phone Seems like the future is bright and the only way is up. Regards.

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