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


To: INFOMAN who wrote (1012)4/28/1998 12:05:00 PM
From: Factfinder  Respond to of 7235
 
Well we all know every parties respective positions on this issue. I hope for all our benefit that we can keep the thread constructive and open to all points of view without it reverting to personal attacks.

It seems as though a lot of effort is being put forward from those who are supportive of the company and those who are not for whatever their motives. This leads to a greater exchange of info and causes one to think over each move more carefully as an investor which is healthy in my opinion.

I continue to support the company in its efforts to build a world class diamond mining house which we can receive returns as shareholders for our support in its early days.

To all participants on the thread including INFOMAN and GULL, I would like to thank you for your participation in the thread.

Good luck to all Investors



To: INFOMAN who wrote (1012)4/28/1998 12:48:00 PM
From: Goalie  Read Replies (1) | Respond to of 7235
 
Without proper attribution, your "facts" from "impeacheable sources" remain in serious doubt!



To: INFOMAN who wrote (1012)4/28/1998 12:57:00 PM
From: Valuepro  Read Replies (1) | Respond to of 7235
 
INFOMAN,

Some of us appreciate your input, but may not fully agree with your views. The links to Business Day are valuable, and I've now bookmarked that source for my own daily DD.

You said, "The shareholders investments have been put at serious risk." At current prices, I think SUF has been oversold in that market reaction to the potential for loosing Marsonftein discounts the company's other superior assets. We must also remember, in the early days of the M-1 story, the company said other similar targets exist in the immediate area, some on 100% owned ground.

Even without the farm Marsfontein, SUF has an exciting future. I'd would rather add to positions as current prices than at the former $20.80 per share which then included, perhaps, a little too much enthusiasm over the M-1 pipe.

ValuePro



To: INFOMAN who wrote (1012)5/1/1998 1:57:00 PM
From: GULL  Respond to of 7235
 
Talks resume in London.
Another article in SA:
De Beers and SouthernEra resume talks in battle for Marsfontein farm
Johannesburg-De Beers and Canada's SouthernEra Resources are expected to resume talks in London today to resolve a dispute over the diamond-rich Marsfontein farm.SouthernEra,De Beers and 29 heirs to the farm held two days of negotiations in Johannesburg this week to try and settle the dispute out of court.
"Another meeting has been scheduled for tomorrow in London,and we should have some indication by then."Roger Kebble ,chairman of Randgold & Exploration said yesterday.
The battle over the farm began in January when 29 heirs obtained an injunction preventing the South African government from tranferring the mineral rights to SouthernEra and its South African partner Randgold.It launched a court bid to secure the mineral rights.In April,the heirs agreed to a prospecting contract with De Beers .The deal is valued at R75 million.-Reuters

Another article in the same paper leads with a headline:
Randgold Resources $40m in red.