SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: Peter Bourgeois who wrote (2358)1/14/1999 3:04:00 PM
From: VAUGHN  Read Replies (2) | Respond to of 7235
 
Hello Peter

Have been trying to track down their share float, do you have their last AR?

As you can see, they have 19% while CAV have 11%, but I seem to recall that they had more shares outstanding than CAV. Also note that back in 95 they bought up some claims southeast and adjoining MPV/Kennady Lake. Don't know if they still have them, but may get some attention if and when DeBeers/Monopros announce the results of their bulk and enter into a full Feasibility Study. Monopros also seems to think they have a few more pipes out there which may add interest especially if found towards the southeast border. Shaping up to be a high grade area, 4 economic pipes out of 4 found, not a bad ratio if you are next door.

On a seperate note, I see in Monopros'NR Dec 2nd that they intended to be on site drilling the MPV /Kennady Lake pipes in the second half of January. So that would suggest to me that either the drill rig has been sitting out there all winter, there is an esker on which to land a Herc, or the road should be in pretty soon to haul a rig over if the schedule is to be maintained.

Have a good one and Regards