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

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To: Steven Ivanyi who wrote (608)	1/23/1998 2:19:00 PM
From: VAUGHN	Read Replies (1) of 7235

Hello Steven You may be right, but I don't think the institutions will let this diamond in the rough float down. I've seen it before like this with narrow spreads and huge volume. It is being accumulated. The net effect will be to make it even more tightly traded like DMM where any good news moves it up in multiple $$ steps and no news leaves it suspended in space. If you were going to do what you suggest you should have done it last October. NWT diamond plays all have legs this time of year and you will pay more trying to get back in. I've been there. Regards

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