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

To: Chas. who wrote (6287)	10/5/2000 11:09:32 AM
From: Famularo	Read Replies (1) \| Respond to of 7235

>>>I believe 3 meter was about average for Snap Lake intersections with a thickening trend to the NE, however this is not conclusive, not enough drilling to the NE to confirm the thickening. But.......if Suf hits a 8 or 9 meter intersection or greater, then it's a whole new ballgame.....I suspect that is what it would take to light the fire under this play......I've got my fingers crossed and my eyes, my legs, etc,etc,,etc<<< Suf is one of the exploration stocks maintained. Just a comparison observation. Don't read me wrong, I am not downplaying SUF potential. Just read this extraction from a release. Many people have not read this carefully. Ashton has a 85% interest in this property. "Perseus is situated at the head of a highly anomalous indicator mineral train coincident with the presence of kimberlite float. As reported in Stockwatch on Sept. 26, microdiamonds are present both in the till samples and in the kimberlite float. The float is widely distributed along a strike length of 1.4 kilometres. Four angle holes were initially drilled at the Perseus discovery site with a subsequent hole drilled 50 metres to the east to determine the orientation and dip of the kimberlite intrusion. All five holes encountered similar intersections of kimberlite, suggesting that Perseus may be a sill approximately 10 metres wide dipping north at less than 15 degrees. The intrusion appears to be striking east-northeast approximately parallel to the float distribution pattern." This like Suf has potential to host a commercial pipe. Stock trading 1/3 of Suf market cap with only 11mil float. Any further discussion on Perseus is going to the appropriate thread SI and Stockhouse thread.....sorry folks, I just had to bring it up as I believe there are a few who are unaware of this recent discovery within the "Corridor of Hope".