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

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To: Chas. who wrote (4403)8/26/1999 2:03:00 PM
From: russet   of 7235
 
Short term, they find some big fancy diamonds in Brasil, or South Africa. In late October we will get 3rd quarter statements which should be like the first quarter and much better than the 2nd where they took exploration writeoffs and paid for Camafuca.

In 5-6 months we will know a lot more about projects in South Africa. Marsfontein may have more economic pipes or dykes. Klipspringer drill proven dyke resource could be doubled in size and it could eventually prove to be 20 km long instead of the current 4 km according to geophysical and geochemical data. Klipspringer production will be increasing significantly over this time. It will eventually replace material from M1. Messina project decision will be known. This PGM project has the potential to at least double SUF's earnings and profit in 2003 from this years levels even if nothing else happens. The revenue and earnings potential of Klipspringer and Messina are close to the revenue and earnings of Dia Met and Aber. Look at their current share prices to determine the potential of SUF.

Take a chance, s**t your pants. (gggggg) :-))))
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