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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: The Fix who wrote (3460)5/22/1999 12:53:00 AM
From: DIAMOND JIM   of 7235
 
Most excellent Fix..The last NR stated the initial core from Camafuca tested at the M1 plant was producing "significantly" higher grades than the historical database from our "friends" at DB. This data base indicated a conservative estimated resource of 13mill ct at near $100 US /ct. $ to donuts DB has purposely lo-balled the Camafuca data in the past.
The higher grades can result from a higher count of stones or a high proportion of large stones or some incidents of VERY large stones..What would interest the market most? I think we will know next week. Cheers to all. DJ
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