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

To: Goalie who wrote (4127)	7/21/1999 7:03:00 PM
From: Andrew	Read Replies (1) \| Respond to of 7235

SouthernEra Resources Limited - Taylor adds some sparkle with SouthernEra recommendation SouthernEra Resources Limited SUF Shares issued 26,881,395 1999-07-21 close $4.01 Wednesday Jul 21 1999 Writing in the July 13 issue of Gold Resource & Environmental Stocks, Jay Taylor follows up on his recommendation of SouthernEra last month with more detailed coverage. The stock closed recently at $4.11. In the past, Mr. Taylor has paid scant attention to diamond companies in his newsletter but SouthernEra has apparently prompted him to add a little sparkle to his recommendations. According to Mr. Taylor, SouthernEra is "a quality company that has escaped the attention of la la land Internet investors," giving more astute investors an opportunity to take a position in "this remarkable company" at attractive prices. According to Mr. Taylor, the Leopard Fissure diamond project alone, part of the Klipspringer land package, should allow SouthernEra to produce very strong cash flows for the next 20 to 50 years. He briefly sketches the company's interests in Angola, Brazil, and Canada but seems most impressed with the Klipspringer diamond projects and the Massina platinum mine in South Africa. Based on existing and projected production from these operations, Mr. Taylor says SouthernEra "should sell at a price of upward to $10 per share." (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)