SOUTHERNERA (t.SUF) Message Board

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

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To: Peter Bourgeois who wrote (74)	4/21/1997 4:40:00 PM
From: VAUGHN	of 7235

Hello Peter No nead. I saw the NM article which was basicly a rehash of previously released news. Thanks anayway. Believe me, the RBD/SMK analysis will give you far more information. By the by, I got the TD Securities analysis in the mail but have not had a chance to read it yet. They do suggest a 12 month target of $17/share though, based on existing property development and production. Personally, and I realize the bravado of this statement, (opinions are like a... holes, everybody's got one), but I believe once a few Canadian drill cores come back with economic numbers, you will be looking at $25 to $35 by September (perhaps even better). I can't tell you more, but I have good reasons for my optimisim. Regards

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