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

To: Valuepro who wrote (4395)	8/24/1999 1:00:00 PM
From: m.philli	Respond to of 7235

Thanks for the comments. I have felt that the alluvial deposits are the elusive "motherload". TECK spent all their efforts looking for the great pipe, instead of taking a look at what was in front of them. After Canabrava got some real diamond industry people you can see the focus change, and with a little reading between the lines it shows where they see the potential (initially anyway). When factoring these rare, multi-million dollar diamonds, it would seem the only way to determine the real potential of the rivers and channels is through large bulk samples (and a lot of trenching,which is what they are doing now). Kinda like Dawson ,Yukon. never did find the gold source, but the rivers and streams made a lot of people rich!-mike