SOUTHERNERA (t.SUF) Message Board

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

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To: gemsearcher who wrote (2870)	4/13/1999 9:13:00 PM
From: russet	Read Replies (2) of 7235

Hi gemsearcher, That's part of it. But whispers are coming from friends in SAf that the next government wants more "gratuities" to be given to the black elite. Europeans aware of this trend may be selling some shares into a very illiquid market causing the current downdraft. My feeling is that the stream of income from Marsfontein will not be corrupted further, but the adjoining properties (100% Suf) may be at risk for new "partnerships". If they are are rich as advertised, we won't have long term trouble. But you can see why Suf is fast tracking exploration all over the world. Brazil seems to be our best short term bet. Canabrava JV is a good property with historical alluvial diamond production. But until that comes on stream, we are at risk of further panic selling. A buying opportunity for sure!!! I can't believe that someone who sold 5000 shares at market today could have tripped my stink bid for $0.15. It scared the s**t out of me, but at the same time, excited the hell out of me. russett

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