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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Gord Bolton who wrote (1054)	4/4/2002 12:45:48 PM
From: Gord Bolton	Read Replies (1) of 39344

On January 1st, I suggested that value investors might want to take a close look at SUF.TO, Southernera Resources. SUF was trading under CAN$3.00 at the time. finance.yahoo.com Time to have another look. By the end of this quarter the Klipspringer diamond mine should be in full production. By the end of the 3rd quarter the Messina Platinum mine should be in production. Feasibility on Phase II production for Messina should be completed this quarter. Drilling results are due on the newly aquired Millennium Platinum Property. And most significantly, today a peace treaty has been signed in Angola. SUF has a carried interest in the Camafuca Diamondiferous Kimberlite Pipe. Camafuca is one of the largest kimberlite pipes in the world. A feasibility study has been completed and approved by the partners. The mining plan is very simple. A cutting head dredge is used to mine the pipe. The ore is processed and the diamonds are separated from the ore. More dredges and processing plants can be added sequentually. SUF news may be obtained here. newswire.ca nytimes.com southernera.com quoteline.com

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