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


To: Confluence who wrote (3022)4/20/1999 12:22:00 AM
From: russet  Read Replies (1) | Respond to of 7235
 
Confluence, O great melding of many thoughts.

I russett, the wry potato, am buying SUF for its assets in SAf, Angola, and Brazil. I think the NWT is just getting too expensive to develop diamond mines in (Winspear excluded of course). The pipes at Yamba have been explored to death and uncovered sandpaper. The alluvial deposits in Brazil have barely been touched, yet have yielded many of the world's most coveted and beautiful diamonds.

The cratons of western Europe have hardly been explored, yet the diamonds from western Russia are held up as the most highly valued in the world. Let's check out the cratons of Finland, Sweden, and Norway.

russett, thinking back to the twisted fry craze, with spice of course. A little platinum and palladium on the side please!! Yes sir, that will be $350US/oz please. Come on folks, name the most undervalued stock on a N American exchange. Gee, starts with S and ends in UF.



To: Confluence who wrote (3022)4/20/1999 1:42:00 PM
From: DavidA  Read Replies (1) | Respond to of 7235
 
DeBeers sees early end to Diamond valuation row

London - Diamond group De Beers Consolidated Mines Ltd. said it hoped to settle a dispute which South Africa's Diamond board over the evaluation of export this week. Nicky Openheimer, De Beers chairman,said the dispute did not have any tax implications for De Beers since South Africa no longer levied export duty on diamonds.
All diamonds for export need to be approved by South Africa's Diamond Board. Mr. Oppenheimer said the dispute had caused "temporary problems" for De Beers.

Article - National Post - April 20,1999