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Gold/Mining/Energy : Kalahari Resources Makes Major Move Upwords
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To: Paul Bilecki who wrote (306)4/7/1999 5:55:00 PM
From: Don Richards   of 349
 
Hello Paul!
I am one who believes that SUF will find the rich
pipe!-after that,it is possible that further
defination drilling could reveal it to be much
larger than what the kimberlite exposure at surface
is,if it happens to be bulged significantly below
surface.From what I gather,those sonic drill holes
do not penetrate very deeply so this is a
possibility which could increase tonnage a lot.
Plus,given the dike kimberlte (what was it 13
dikes??) that they found which apparently didn't
match the boulder kimberlite certainly indicates a
possiblity of at least 1 more pipe.
I realize this is just some speculation,but I
also believe KLA stands to appreciate in value a
great deal in the short term with news that SUF has
indeed found the rich single pipe.We'll be
away!-After that..gravy!..However,it will probably
be a bit of a waiting game before we get the drill
results from the 4 holes they're drilling,and that
could try the patience a bit! But I think it will
be worth the wait!
PS-Those mexican properties are a great add on
value to this co.imo.Some good news coming from
there is a real possibility as well..They certainly
have the right area sewn up!
If either of these plays,or especially both of
them pan out,all the hyping that I've read about
that this co.is supposedly associated with will be
proven to be fact..That would really give them
something to crow about!!
...regards,LP
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