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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: VAUGHN who wrote (62)4/17/1997 3:30:00 PM
From: Peter Bourgeois   of 7235
 
Thanks Vaughn. I still believe that a takeover at this point when Southernera has yet to put a dollar value on their properties would not be to our advantage. It might drive the price up a bit, however I believe that Suf can make the big times.
I think that what Southernera has to do at this point is tell us what value they place on Klipspringer and that they are going to have a mine.
Now that they have a valuation on their 5000 carat parcel one would think that they could estimate the projects worth.

Cheers!!! Peter
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