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: Claude Cormier who wrote (2969)4/16/1999 2:18:00 PM
From: gemsearcher  Respond to of 7235
 
Hello All.

That was a very "close to the vest" NR. No core sample data , only that the independent firm confirmed that previous data (DB's in the 80's) indicated a minimum resource of 8.9 million carats to 80 metres.

In any event , the Board obviously felt that a "go" was warranted; why do I have this feeling that another (exciting) shoe is going to drop?

Regards

gemsearcher



To: Claude Cormier who wrote (2969)4/16/1999 3:43:00 PM
From: gemsearcher  Read Replies (1) | Respond to of 7235
 
Hi Claude.

Luo and Cassanguidi were exposed alluvial operations , close to the fighting , generating increasingly marginal returns.

Camafuca (aka the Mother of all Pipes) is fortified , enclosed encampment away from the fighting and because of the close proximity to a major government military base , relatively secure.

Regards.