SOUTHERNERA (t.SUF) Message Board

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

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To: Andrew who wrote (3066)	4/24/1999 11:25:00 AM
From: Gord Bolton	Read Replies (1) of 7235

Nine holes into a &$#, with three more weeks of drilling planned and they have not declared it a &$#. I am told that three holes will normally define a pipe. So there might be drilling problems and a near miss or some surprising geometry that would require a follow up hole or two. But we have 9 holes and no report of a significant intersection. Stock price heading south and accellerating, and we have a mysterious drilling program and a news blackout. The 25 meter diameter kimberlite boulders had to come from somewhere and not from a skinny little dyke. SUF claims that the chemistry matches whatever they are drilling into. I think that it will take more than that to prop up the share price on Monday. We will need an aggressive buyer for about 500,000 shares to tread water on Monday. Maybe SUF should call in a flock of blimps to airlift some of the boulders out for a bulk sample. And tell us about the length of intersections in the drill core!

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