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


To: Peter Bourgeois who wrote (2208)11/23/1998 10:24:00 AM
From: Peter Bourgeois  Read Replies (1) | Respond to of 7235
 
Hi all!

Another post from Dave on intheloop suggests that the NDR deal is nearing completion as CJ is going back to SA this week.

Cheers !!! Peter



To: Peter Bourgeois who wrote (2208)11/24/1998 2:56:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 7235
 
Hello Peter

I have not been able to read the referenced post from Dave as I have had some difficulty accessing it. However I did speak to Lisa in town for the Geoscience Forum and a Rough Diamond Course being put on by some experts from Antwerp.

While she is by no means 100% up to speed on all of SUF's activities, she was pretty certain that there was no drilling going on up here. I would ask HB but he is on a tight schedule and has to take off for the RSA pretty quickly.

Unless SUF had a land based target or one very close to shore, I doubt they would be drilling right now anyway. They of course have not indicated that either of these criteria apply to their targets so I don't put to much weight into what Dave suggested.

I am also sure that if SUF were drilling one of their JV partners and especially KLA would be screaming it from the roof tops.

SUF have always been factual. They said they were going to start drilling in late January or February and I would take that statement as factual if I were you.

There always seem to be a few rumour mongers and speculators that show up around SUF's pending activities but SUF run a tight ship so I would not put too much store into what you might hear from "sources".

Regards

P.S. Mathew, did you get my e-mail reply? Had trouble getting through last time.