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


To: Goalie who wrote (3345)5/13/1999 1:17:00 PM
From: Paul Bilecki  Respond to of 7235
 
Munn Lake Success Being Purposely Downplayed in my Opinion. Why SUF and partners valued too cheaply right now. What is my argument based upon: SUF did not release width figures of intersections for all holes, just the least and the best.

This could be the highest grade diamond discovery ever in the NWT, Canada with significant areas with 40' thicknesses. This is next to the apparent high grade discovery at SNAP Lake.

This sill must have a source, they will find it but like WSP it will take more time and money. However, they probably have a good idea where it is coming from now!!!

In my view these companies are all takeover candidates. Within these three, Southernera might have an interest in taking over Island-Arc and it is my pure spec. they might just do this prior to drilling further.

SUF, KLA and IAR are all undervalued. This has the makings of a major discovery. I am buying more of IAR and if I can afford it will be buying SUF.

Unfortunately I had to sell a bit of IAR to pay my credit card the other day, but I will be buying back.

Watch out for geophysics and drilling this summer on land ON LAND. Margaret Lake is promising as well.

I am not a broker, mining analyst, expert in nothing so due your own due diligence.