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

To: peter matson who wrote (4331)	8/15/1999 3:51:00 PM
From: russet	Respond to of 7235

Peter, There was a loss per share of $0.33 in 1997,...the year the share price hit $20.00. The reason for the high share price was M1. Since then the company has built additional processing plants and increased diamond resources on 100% owned land to allow for $50,000,000 plus cashflow per year after M1 is extinguished. The diamond cashflow to SUF from M1 will be replaced by Leopard fissure material. 18 anomalies on Marsfontein are just now being drill tested. Klipspringer has unexplored fissures, like the Leopard, all over the property. Diamond laden gravels over both properties have yet to be tested or processed. And then there is Messina. cheers,