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

To: VAUGHN who wrote (1735)	7/6/1998 8:12:00 PM
From: Famularo	Read Replies (2) \| Respond to of 7235

IBC is a corporate structure known as an "international business company" The beneficial ownership of an offshore company incorporated in a jurisdiction with secrecy laws can not be disclosed. Shares may be held by nominees representing the beneficial owners under a management agreement. This ensures that the names of the beneficial owners never become a matter of public record, nor are they divulged to third parties. The Investment Holding company can hold many diverse assets such as bonds, stocks, precious metals, mutual funds, real estate and can be consolidated to be managed under one corporate name. This particular shell is to mainly focus on diamonds. Being a bunch of selfish business people, we have one goal and that is to make a healthy return on our investments. I can't disclose all the details and I am sure you can appreciate that view. Of course the company name will never be known. I have been financially involved with NWT since the early 90's and still support it but our main focus for the next while is Ashton Mining of Canada. Even though no results from the K14 450t sampling have been processed, that Ashton has the potential to financially reward HIGH RISK portfolios. We have still not purchased Ashton within this shell but rest assured when we do, you'll see it with the price movement and increased volume. As of today, the market depth is too weak for us to nibble into Ashton. Keep in mind Ashton has expanded their Vancouver Lab, administration office and are awaiting completion of a 10 tph DMS plant in Alberta. oops, I won't bore you re Ashton on Southernera's thread. As for Southernera, we felt it was oversold and are prepared to hold it for at least the remainder of the year. Others we are watching to add to our assets are Mountain Province and Aber. regards Frank.