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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: S. E. Baker who wrote (930)4/22/1998 12:40:00 PM
From: VAUGHN  Read Replies (2) of 7235
 
Hello Steve

Thanks you for the review. Very thorough and credible.

Detail is appreciated and voids are certainly understandable considering the technical aspects of the issue.

I deliberately did not follow up with LB as I have the impression that some feel I am a company shill. I was hoping that such a review would come from another poster with a level headed and independent standing.

You certainly qualify in that regard.

Joe, we all certainly understand your frustration as I am sure most here are long SUF and are in the red, although possibly not to the extent that you find yourself.

Have faith and don't panic. In the years that I have been a shareholder, I have constantly been amazed at how often the company has been able to produce new and unforeseen exploration successes without an inkling that they were forthcoming.

I am sure that we have not heard the last word from the NWT, Klipspringer, Angola, Uruguay, the Ukraine or the other African countries in which SUF is active.

If history is any indicator, we will see ample good news throughout the spring summer and possibly well into the fall.

Keep in mind that SUF was at a similar level last spring and did not truly appreciate until the late summer.

You will see your investment return a profit and probably one beyond your expectations.

Good luck and Regards
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