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


To: Valuepro who wrote (1644)6/19/1998 1:32:00 AM
From: Confluence  Read Replies (2) | Respond to of 7235
 
All the sudden it seems quiet ... no dissenting voices .....

Did someone just get paid?

So De Beers has 60% of M1. Does this belong exclusiveley to them? Is De Beers "sharing" their money? "Heirs", some black empowerment groups, etc ---> nothing?

Much to ponder.

For the same reason that shareholders can't have expected the crap of the past 6 months, we can't sit on our hands and expect better things to be the norm.

Speak now or sell your stock.

Confluence



To: Valuepro who wrote (1644)6/19/1998 10:40:00 AM
From: VAUGHN  Read Replies (1) | Respond to of 7235
 
Hell Valuepro

I got the impression that the stone was from their alluvial concession, but when I looked at the pipe numbers, it struck me as extremely low grade. I would think the average stone size/price would improve these economics significantly but in terms of size, this pipe is slightly larger than average for the diamond triangle as I understand it and certainly much much smaller than Camafuca.

The NR made no mention of apparent stone quality and while alluvial goods are usually very good, the absence of such a reference suggests to me that this particular stone may be of poor colour, clarity. If it was deeply flawed one would presume it would not have survived at its present girth.

Have a good weekend & regards