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


To: VAUGHN who wrote (2806)4/8/1999 3:31:00 PM
From: whisky  Respond to of 7235
 
Vaughn Rory came on board approximately 1 1/2 years ago, so he has had a fair amount of time to pour over all the exploration data accumulated and has had a chance to run his own exploration programs last summer. So he is a fairly recent addition to the management team. He is from RSA, and studied under John Gurney. A matter of fact he and John Gurney had a private consulting business up until he accepted the BHP presidency overlooking the Diamet project several years ago. Prior to this their consulting company helped find the Argyle mine in Australia, along with a couple of economic pipes in RSA. They are still very good friends, and talk frequently.



To: VAUGHN who wrote (2806)4/8/1999 4:52:00 PM
From: Confluence  Read Replies (3) | Respond to of 7235
 
Hello Vaughn,

Boy all that tectonic stuff reminds me of my not-too-stellar days at U of T taking Rock 101 and learning about J. Tuzo Wilson and all that stuff. I kinda got lost when it came time to draw all the strike, down dip, etc. and then had to try to memorize 38,000 types of minerals (I got nasty looks for calling them rocks). I remember talc from one end of a scale and diamonds from the other.

That is pretty much why I own SUF. Their technical folks do all the hard work, and I'm left with the simple understanding that one day in the near future, much like Marsfontein now, SUF will have really big piles of rocks that have many diamonds that can be cheaply recovered.

I do understand the math part of the future equation, but really struggle with the concept of market perception. Oh well, that's probably why I can't fathom that BID.CON is worth $1.5billion for selling the all same junk sold up the east side of Yonge St., between Shuter and Gerrard.

Time for a tranquilizer,

Confluence