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

To: INFOMAN who wrote (1852)	7/29/1998 7:55:00 PM
From: Confluence	Read Replies (2) \| Respond to of 7235

Hello Infoman, Please indicate when De Beers announced that they had to do technical studies. Kindly refrain from citing letters to the editor of some newspaper as facts from De Beers. The consideration of the timing of the JV agreement is also important; what has De Beers released since the news signed by all the partners? Under Canadian securities regulations, publicly traded companies are obliged to disclose material changes to the public, for proper dissemination, to allow all investors to digest the news, good or bad. The mining permit for M1 is material to SUF, but obviously not so to De Beers. De Beers also operates under a very different regulatory regime. This is irrelevant to SUF shareholders in the sense that De Beers has a contract to move forward in the development of M1. Should they delay for a few weeks, well, that is their perogative. But the clock is ticking, and certainly we are hearing that De Beers is moving quickly to production at M1. Please provide details as to your concerns regarding De Beers and the imminent start-up at M1. If you know something factual, rather than hide behind the cloak of 'De Beers has only said .....', please disclose your reasoning. Perhaps some of us in this part of the world can help to point in a better direction to answer your questions. Again, contact SUF via telephone or Email to get their comments. Make an effort to collect facts rather than make implications in this forum. Regards Confluence PS. About De Beers payout to the "heirs": 1)Has this occurred? 2)If not, what is the timeline? 3) How could a mining permit be issued with out the legal consent of NGS? 4) Is a level of frustration, directed at De Beers, building within the "heirs" group? Please respond in kind. Also, you're writing style has changed noticeably. You seem less comfortable with written English. Hmmmmm......