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

To: Gord Bolton who wrote (3071)	4/24/1999 3:53:00 PM
From: Andrew	Read Replies (1) \| Respond to of 7235

Gord I had heard that there was a technical problem with drilling the first week and they lost a day. I am not worried about Monday but I do think SUF will continue south, er I mean down. we should see signoificant support at 4.50. If not look out below. We may see some institutional buyers soon though I think as most analysts are rather bullish about SUF and their new platinum mine and all the blue sky. I think personally there is a pipe, we would have heard by now if there wasn't. You have to remember SUF is not a pump and dump penny play so they will not make releases until they are good and ready. The news blackout is very interesting why would CJ insist on no info updates at all to their JV partners? The two partners IAR and KLA though I believe will jump significantly on a pipe announcement. I have noticed a bit of volume on both this last week. I own a chunk of IAR and I believe with their 11% they will be bought out by SUF if their is a significant discovery. Andy