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


To: gemsearcher who wrote (3181)5/5/1999 6:08:00 PM
From: Gord Bolton  Read Replies (1) | Respond to of 7235
 
I think that SUF should declare a dividend as a show of confidence and a signal that they are in a long term profitable mining situation.

A nice dividend would stand out like fireworks at midnight in the beat up mining sector. There is nothing like a dividend combined with blue sky exploration potential to capture the interest of investors.



To: gemsearcher who wrote (3181)5/5/1999 9:23:00 PM
From: Gord Bolton  Read Replies (2) | Respond to of 7235
 
Well gemsearcher, I have sacrificed 2 calfs, five goats and a dozen chickens. The entrails were fully dissected, the bones burned and subjected to caustic fusion.

I have consulted three oracles and the result of all this analysis is that we should have a blockbuster 1st quarter report within the next two days. I would also project a general update on progress at Marsfontein ie. production, results of processing M3 gravels, possibly some drilling results from the numerous anomalies and soil indicated targets.

Klipsringer fissure mining should be in production with ore being stockpiled and possibly being processed through the new mill addition. We may have some news on the ore from Camafuca sampling.

An update from the NWT exploration program including CF results from the newly discovered Kennacott pipe, Yamba probing and some identification of the Munster under Munn Lake.

We may get some news on plans for the Brazil and Urugauy programs.

I was also wondering about the project in Manitoba. Government of Manitoba claims that SUF was doing some airborne and ground work around Blue Lake. Gee, I wonder why they call it Blue Lake.
Maybe a lot of Blue rock around there?

Anyway I hope we get this train into the round house pretty quick so that we can get it turned around. It would be nice if they hooked on a couple of new high powered locomotives so that the return trip will be a little quicker. Watching that ticker is a lot more fun when it is headed in the right direction.