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

To: The Fix who wrote (3460)	5/21/1999 11:16:00 PM
From: russet	Respond to of 7235

aannnd aaa cybbberbeeerr back to000 youuuu toooo fiiixxxxeeeerrr. Hell of a start to Vicky's Birthday. Too bad you don't get the long weekend. I don't care whose birthday it is. This is a good weekend to celebrate increased wealth. russett, off the wagon with Paul.

To: The Fix who wrote (3460)	5/22/1999 12:53:00 AM
From: DIAMOND JIM	Respond to of 7235

Most excellent Fix..The last NR stated the initial core from Camafuca tested at the M1 plant was producing "significantly" higher grades than the historical database from our "friends" at DB. This data base indicated a conservative estimated resource of 13mill ct at near $100 US /ct. $ to donuts DB has purposely lo-balled the Camafuca data in the past. The higher grades can result from a higher count of stones or a high proportion of large stones or some incidents of VERY large stones..What would interest the market most? I think we will know next week. Cheers to all. DJ

To: The Fix who wrote (3460)	5/22/1999 12:53:00 AM
From: Gord Bolton	Respond to of 7235

#reply-9043400 I did some research on the Camafuca pipe a while back. It has yielded some significant grades and very valuable diamonds--much higher than SUF has sometimes indicated. There may be significant tonnage that will yield 1 cpt with carat values in excess of $200 U.S. per carat. The trick will be to actually mine them in the current political climate in Angola. UNITA is not likely to pack up and go away in the near future. UNITA has been in the diamond mining business for a long time. They have cash, a capable armed force and military and political intelligence. UNITA does have defacto control of more than half of Angola including much of the diamond producing territory. The initiatives of the Government of Angola have been almost totally ineffective in challenging UNITA militarily and they have virtually closed the door to negotiations and political settlement. A little dated but interesting history and info on Angola. irrc.org