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


To: ALAN DUBE who wrote (2442)2/11/1999 6:07:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 7235
 
Hello Alan

Just that I had spoken to the principal of MIY a month or so ago and at that time he indicated that SUF had more than met its financial expenditure/exploration obligations for 1998. It was his understanding that SUF would pursue the remainder of its earn in for 1999. I understand Yamba to be their second priority (because its farther north and melts later) after their initial drilling of the Munn Lake & Margaret Lake targets this spring.

Granted, I would not expect him to sing any possible SUF withdrawl from the roof tops and would prefer SUF to confirm. However, that would be a material change and I would have expected SUF to announce that if it was the case.

Why don't you give them a call and let us know?

Regards



To: ALAN DUBE who wrote (2442)2/12/1999 12:26:00 PM
From: VAUGHN  Respond to of 7235
 
Hello Alan

This on Yamba this morning:

Message 7794093

If you or someone can make it, I would love to read the synopsis on the thread.

------

Confluence, you are preaching to the converted. I am just saying that the market does not care about the earnings numbers right now or it would have already assigned that multiple. A NWT discovery would bring market attention and appreciation, and then AND ONLY THEN, will the market also take a look and see that their actually is a foundation underneath this dream house.

Regards

P.S. Should probably also have mentioned the other day that I have a piece of MIY for their Yamba Lake exposure with Au credits in Cuba.