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

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To: Gord Bolton who wrote (3064)4/24/1999 9:33:00 AM
From: Paul Bilecki  Read Replies (2) of 7235
 
Excellent: The proximity of Munn to Snap and the direction of the ice flows and given that both SUF and WSP have indication that this area could be the high grade diamond area, this bodes well for all companies involved.

SUF is still drilling. They did not bother to venture over to Margaret. WSP drills moving to the North-east towards Munn. I think this is the NWT diamond play to be in. Only a gut feeling. Watch-out, speculation, will start to make these stocks rise.

Way to go Andrew. If this news is correct, I think we are in for some very fat high-grade pipe surprizes.

KLA and IAR should rise significantly in the short term to the .50-.75 cent range and maybe higher. The only reason to use bigger drills, is to save going back to do further sampling and to get a better idea of the grade and the preservation of large diamonds. This looks very interesting.

Wow...


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