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

To: Confluence who wrote (2737)	4/6/1999 5:15:00 PM
From: maxed	Read Replies (1) \| Respond to of 7235

One thing we could try is to start e-mailing the mutual fund managers. One approach would be to say I am looking into buying into your fund and would like to know how many shares of SUF you own. I will try this myself and let you know if I get a response. Eddy

To: Confluence who wrote (2737)	4/6/1999 7:59:00 PM
From: gemsearcher	Read Replies (2) \| Respond to of 7235

Hello Confluence et al.An issuer bid , declaration of dividend and/or a share split are examples of customary corporate initiatives that are employed with a view to (or have the effect of ) share price appreciation. The former two are generally regarded as a poor use of an exploration co.'s cash resources (any appreciation in SUF price via these techniques would , IMHO , be short-lived in this market); the latter would improve liquidity but is not feasible at these prices. I think that once the herd has finished chasing co.'s like bid.com (I really must be -and apparently am - missing something here), there will be a return to the Planet Earth with a focus on growth - oriented stocks with fundamentals. In the meantime , the SUF drills keep turning (now in surround sound), the cash keeps coming in from production and new opportunities present themselves. It won't be long now. Regards. gemsearcher.

To: Confluence who wrote (2737)	4/6/1999 10:26:00 PM
From: whisky	Read Replies (1) \| Respond to of 7235

Confluence I am new to this thread, so I hope you won't mind me interjecting a few thoughts on the cnb/suf deal in Brazil. This is an advanced project as you have mentioned,with teck as the previous operator. SUF/CNB will be starting up an alluvial operation on the project along with some more extensive exploration on 3 pipes outlined in the release. CNB has been working on the canabrava project for roughly 5 years. So this project is more advanced than you might think. In discussions with Dr. Moore it was outlined to me that SUF exploration work on these 3 pipes will begin very soon. So in essence I think that you will see some major developments on these 3 pipes a lot quicker than your projection of 2 years. CNB were talking about taking some larger bulk samples of these pipes last year, before teck decided to pull out. I might add shareholders of cnb were very happy with there decision to pull out. I think that in the next 6 months to a year at the outside, we will be taking some very large bulk samples and then on to the feasibility stage on 1 or more of the pipes. Granted when you have over 700 priority pipes to evaluate it is very difficult to determine which one do you go with first. Luckily cnb has extensive geochemical analysis on many of these pipes, so it is certainly more advanced than one might think. It has been stated to me that when CNB/SUF also get there alluvial operation up and runnning in the next couple of months that the cash flow from this operation will be more than adequate for both partners to meet there exploration committments. CNB through a JV with Paramount ventures are also exploring primary source targets on a number of kimb/lamp pipes on their jv properties and are also setting up an alluvial operation on one of there JV properties. Cash flow from this alluvial operation will very easily provide this JV with sufficient cash flow to meet their exploration committments. Over the last 4 months, CNB was approached by all the major diamond companies in the world about the Canabrava Project. It is a real plus for both companies that they have decided to join forces together. In Ontario, they were approached by 3 different diamond exploration companies and elected to go with Kennacott. Your information that SUF turned down this project is news to me, but of course your information may be better than mine, however as stated by Dr. Moore the mineral chemistry in Ontario is second class to no where in the world. Of course if I was SUF I would definitely want the more advanced project which is the canabrava project in Brazil. If you would like to find out more about CNB I welcome you to go over to the canabrava thread as there is some excellent information.

To: Confluence who wrote (2737)	4/8/1999 3:16:00 PM
From: VAUGHN	Read Replies (2) \| Respond to of 7235

Hello Confluence & Don My memory is admittedly failing me these days, but I don't believe Rory Moore was the name of the man in charge of CNB when I was researching it. His credentials sound far more industry focused than did the gentleman's I recall. It is refreshing to have someone with his training to assist in the exploration program. With regard to your last question, find three + Canadian pipes that reflect sunlight. *** Don - No, actually, I do believe in the theory, but there are still geologists who do not, just as there are a number of Geologists and Paleontologists who do not subscribe to the KT Extinction theory and the Yucatan as the impact site. But then, there are people who believe that Yogi Fliers can solve the Yugoslavian conflict too. With regard to the continental drift theory, I have never heard or read a credible rational for why there was supposed to have been one single continent (Pangea) in the first place? That seems unlikely in my mind considering the way the earth was believed to have been formed. It is easy enough to rationalize, substantiate and visualize the continental drift that has gone on since, but why should we presuppose that it has not been going on essentially from day one? Additionally, why would a craton (250km thick) such as the one suggested to be originally shared by Angola and Brazil split, when the land around it is so much weaker (40km or less). Logically, wouldn't you think that a craton suddenly finding itself with a tectonic rift developing under it, be more likely to behave more like an anvil being pulled out of playdough than an egg being cracked? In other words, within the limits of my admittedly limited intellect, it seems more likely to me that a craton would pull off or away intact (cemented to one or the other plate) and away from whatever plate has less of a grip on it. Logically, a rift or hot spot should choose the path of least resistance and develop around the thickest/strongest part of the crust. Having said that, there are rift valleys on cratons around the world including the Graben hosting many of Angola's pipes. Therefore all head scratching to the contrary, evidence does suggest that these cratons do rift and have parted. Clearly, there are geological mechanisms and dynamics at work in these instances that are no where near clearly understood. The whole continental rift theory is no more than 20 years old and much remains to be postulated, discovered and used, to model mineral exploration programs. Regards