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Gold/Mining/Energy : South Atlantic Resources

SCQ 25.16

+0.1%

Sep 19 5:00 PM EST

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To: 3bar who wrote (172)	12/8/1999 12:03:00 PM
From: Gunnar	Read Replies (1) of 225

As I wrote I have to do my DD on alluvial daimonds. Read some about kimberlite and bedrock drilling, these alluvial pipes I do not know much about. The sampling process has randomly given a result, is the big one included in that? It seems to be half of the amount of carats found, if that is the case. Nice to have big stones but what about the reliability of the samples? Would be nice to hear some more from the Brazilian operations. SCQ is a silent Co. Maybe the home page will be a arena for this information? I'll test some of the threads that are keen on the alluvial thing. Note the potential in NAN. If you are right and there is a higher potential in the daimonds it could be justified doing a pp at new share prices in spring. But, if my skepticism shows right, a dilution of fresh "NAN"-shares might be expensive and a production credit to prefer? Let's hope a pp is the right thing. Regards, Gunnar

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