Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: gemsearcher who wrote (3662)	6/12/1999 9:29:00 AM
From: Gord Bolton	Read Replies (1) \| Respond to of 7235

Good Morning Gemsearcher. If you check out the new slide show on the SUF site you might notice some new anomalies on the Marsfontein map. SUF/DE BEERS should be in a position to make some fairly declarative statements on the grade of the M3 very soon. I have to believe that the JV is very confident in M3 or they would be probing the other anomalies with a little more vigor at this time. With greatly increased production through the 2nd quarter-more resources on Marsfontein and 100% Klipsringer coming on stream the share price should start increasing soon to reflect the best P/E in the mining sector. Indications are that jewelery sales are increasing and the price of diamonds is going up. Angola is risky but then again Camafuca is one huge deposit and mining costs will be quite low. The power struggle in Angola seems to be very much of a stalemate and some sort of power sharing peace agreement is the most likely outcome. The time table is a little uncertain. As time goes by we will be moving closer to Messina production. Hopefully the market will start giving some recognition soon.