Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: VAUGHN who wrote (2451)	2/15/1999 4:37:00 PM
From: Goalie	Respond to of 7235

Hello Vaughn: I agree with you that SUF needs solid PR! You have to keep a company's name in the news with positive stuff. It is obvious that the old adage still prevails, however -- "we're diamond miners and not promoters...". Despite promises made last year by CJ that investors would be kept fully informed about SUF activities, we're (and the market) is left guessing. I know that the diamond industry is generally shrouded in secrecy, but when you find a large stone, for example, and bury it deep in an announcement, it is a shame! IAR, on the other hand, keeps folks informed, as shown by their latest NR. Okay, its not earth-shattering news but it keeps people in the know that the drilling program is on target. We all know the future of SUF is very bright, and the technical data are solid, as pointed out by Confluence. But for heaven's sake, SUF, get some professional help (I'm not suggesting promoters) -- there are people out there who know a news story when they see one; there are people out there who can write NR-s without overstepping the rigid guidelines set by the securities people (if that's what SUF is worried about); and there are people out there who can effectively advise the Board on NR strategies. The company has a terrific story to tell and its not being told properly! IMHO, its a major weakness that needs immediate attention by SUF! I guess I'm preaching to the converted! Regards. Goalie.

To: VAUGHN who wrote (2451)	2/15/1999 5:25:00 PM
From: Andrew	Read Replies (1) \| Respond to of 7235

Hello Vaughn, Personally I can tell you that I would be very disappointed if SUF were to issue 15 million shares for Lytton and that would probably be my last day as SUFfering shareholder. We have a gem of a company with earnings flowing in and cash in the bank. Sure it would be nice to grow a little but not a that cost, no way. I like the grass roots approach SUF is taking by acquiring an interest in Yamba Lake. Many juniors are falling on hard times and are cash poor and are willing to make deals with a cash rich company like SUF. SUF has a position of power with its cash and they must use this to our advantage. I'm hoping they will. If there are talks with LTL I'd rather see a JV with Lytton where SUF puts up the cash. At least that way you can walk away if things dont pan out. Andy