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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: gemsearcher who wrote (4141)7/22/1999 2:37:00 PM
From: russet  Read Replies (1) of 7235
 
The story that has to be told is that production is being increased with another plant being added at Klipspringer. So far exploration has not advanced to the point that they feel comfortable enough with reserves to add additional production capacity.

If not there, then we need an announcement that they are building that dredge to float in Camafuca.

Messina seems to be too far off in the future to be considered as a sure thing yet. Might get an announcement for a go ahead on that one by Xmas. That would be a nice present.

Good diamond counts in the NWT don't seem to inspire great buying given what is happening to Winspear and Mountain Province.

Until SUF gets production somewhere else other than Klipspringer, we can't do a Tiffany type deal like Aber.

That brings us to alluvial diamonds in Brazil. If CNB/PVF get some interesting diamond grades from Rio Do Sono, (which is very close to the CNB/SUF plays) SUF could promote that angle. Only took CNB/PVF and good ole Harry Baines half a year to get the big sucking machine up and running.

Short of the above happening, I can't see much of a move off the bottom unless we get some press and influential broker recommendations. Why hasn't there been an announcement on the promotion VP getting the job on the SUF website? I thought that was a done deal?

Increasing production means increasing profits and revenues. That's something the press and brokers can't ignore.

Now back to real news,... the hamster races at the Tweed fair.
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