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

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To: VAUGHN who wrote (120)6/5/1997 11:00:00 AM
From: Peter Bourgeois   of 7235
 
Hello Vaughn! Just making sure that you are still on your toes. You are spending far too much time on Cypango talking to Bonnie. Just kidding! Southernera is going real slow at this. One would think that by now they would have proven both Leopard and Sugarbird. As far as I know they have not upgraded their processing facility and it is still a small operation as yet.
I read an article in the Globe a while back that the mines under Debeers control have cut back production, in some cases to less than half. I cant help wondering if this slow Southernera pace is related somehow.
Like you, I am a strong believer in mega dollars in the future but this lack of worthwhile news is a little frustrating.
My two cents worth
Cheers !!!! Peter
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