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

To: russet who wrote (2982)	4/16/1999 6:16:00 PM
From: gemsearcher	Read Replies (1) \| Respond to of 7235

Hello Russett , Claude and Vaughn. I must confess to be a little confused by the Camafuca decision as well. I had anticipated that a go decision would have been predicated on some compelling factor(s) not previously known - e.g. substantial increase in resource estimate , introduction of a committed JV partner to hedge the political risk. It bothers me that the co. paid $10 million to preserve its interest (one-half in shares @ (ugh) $5.50) without being able to give us further justification - the core sample hasn't even been processed yet! I don't know , but there is something very un-SUF like about this decision (or at least the absence of explanation/justification for it) . (still waiting for that shoe to drop) gemsearcher