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

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To: PHILLIP FLOTOW who wrote (4224)	7/29/1999 1:59:00 PM
From: russet	of 7235

Take the time to listen to the conference call at http://www.q1234.com/ Gives you the background to the numbers and the latest updates on exploration throughout the world. Lots of potential. It's nice to have a company able to afford to explore in many prospective locations, instead of just one or two. Its also nice to have a company that has new mining projects lined up to exploit. M1 gave this company the kick to get it all rolling. The many hard rock and gravel resources in Marsfontein and Klipspringer will take over in the next few years. All forward projections on grade and production are conservative and are being beaten quarter to quarter. Drilling on Marfontein and Klipspringer are in their infancy right now. There are kimberlite targets all over the place. There are gravels all over the properties that are diamondiferous. All sorts of little bits and pieces of info throughout the conference call. You need Realplayer. If you don't have it, it takes two hours to download that program from the site. Best to do that at night when the servers are not busy. You could phone 416-695-9766, the call is about 28 minutes long.

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