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

To: Confluence who wrote (6025)	6/9/2000 8:49:00 PM
From: que seria	Respond to of 7235

Reading the AR I was struck by how much money SUF must come up with this year through 2002 to keep its stakes in projects, not to mention advance the discovery of something to dig up and sell. Although I share Vaughn's view of the transcendant value of a Canadian pipe or two, I am glad if the company is also making sure it gets any available near-term value out of Klipspringer, where it already has infrastructure in place and has recently spent several million to find some ore worth running through it. 2000 had better be a far better discovery year than the oh-fer 1999. If not, percentage-wise my tax writeoff doesn't get much bigger anyway. The time to sell was long ago.

To: Confluence who wrote (6025)	6/10/2000 3:44:00 AM
From: VAUGHN	Read Replies (2) \| Respond to of 7235

Hey C Its no balloon, all I want is to stop being lied to and to be treated with a little respect as a shareholder who has risked his money. If there was nothing found then say so. If they are going to drill more targets then say so, but damn it, don't lie to me and don't leave me swinging in the wind. The only thing that is going to get the company, is my back! I backed this horse because it rewarded my faith in the old days. It told me what was going on. When it didn't get out of the gate and when it thought it could win one. It may never have crossed the finish line first, but it always told me why and what was going to be done to improve the next time out. There was communication with shareholders and you had a sense of being in it together. When exactly it was that being truthful and up front with shareholders was set aside I do not know, but lets face it, it didn't start with SB and crew.... If SUF and CJ wants us back he is going to have to earn our faith again and that takes commitment and frankly requires that the BOD make it a corporate policy. I think the companies announcement said as much but then CJ made those noises at last years AGM as well. I am still here and I am still willing to put my faith in his ability to bring good properties to the company and to discover a major deposit, but if the BOD goes back to a policy of lying to me like almost every other Canadian miner seems to be prone to do, then forget it. I'll take my loss and right it off to naive stupidity for believing in someone. So this is the litmus test as far as I am concerned, I don't give a shit if this hole or that hole is dry, because there is always another, but I want,.... no I demand that SUF return to treating shareholders as something other than an X wife you have to talk even lie to when you pick up your kids. Keep the faith CJ! That communication is what made SUF special six years ago, don't let the BOD or ANY thing get in the way of cultivating loyalty from shareholders. Regards Vaughn