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

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To: cruncher who wrote (29)3/1/1997 6:21:00 PM
From: Peter Bourgeois   of 7235
 
I believe that the stock price is where its at, principally because of Leopard and Sugarbird. Prior to Xmas they were continously giving updates on the other projects and Leopard in particular.
What has me a little concerned is that since their crusher went into operation, no news. One would think that, if they were finding any amount of diamonds in the primary Kimberlite once its gone through the crusher that they would release the good news quickly.
Dont get me wrong, I dont look a gift horse in the mouth and I am rather pleased at the recent increase in stock price but the longer the wait for news about their crusher operations the more concerned I will become.
Have no intention of selling at this time, however I believe that without news soon, the stock may start to go down. On the other hand if the News is good about Leapord and Sugarbird and with their other projects including the 3 recent Kimberlite pipes I feel that this stock could top $100.00 +.
Heres to hoping.

CHEERS !!! Peter
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