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

To: m.philli who wrote (4061)	7/18/1999 1:24:00 PM
From: Diamond Daze	Respond to of 7235

Good morning Mike, It appears that the CNB/PVF production startup was NOT on schedule. I am to believe that it will be this week but then again it was supposed to be late May. I think Dan, Rory and others are to go down this week, I suspect it would be for the startup but I suspected that last time. I was told not to expect large fancies from the Do Sono but if large fancies were to be found it would be on the SUF/CNB joint venture. From what I can gather our operator is really pumped up and ready to rock and roll....I heard that the delays were two fold..one permit problem and one due to a Brazillian subcontractor not completing parts of the dredge on time...I was told that Baines and Co. decided to complete it themselves instead of waiting longer. I fully expect startup this week barring no other problems, I guess we will know once the boyz arrive...as stated at the AGM we would indeed get a release once it was operational....Read an interesting article on Black Swan the other day if these stocks heat up due to production that one may heat up too.......DD