SOUTHERNERA (t.SUF) Message Board

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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: Confluence who wrote (2629)	3/29/1999 12:29:00 PM
From: DIAMOND JIM	of 7235

Hello Confluence The tape (FM) continues to erode the price this morning. The charts are very bearish and I think that is making the stock unattractive to a lot of people. This is troubling..despite high production and earnings as reflected in last NR, the price has continued to fall. Fundamentals are not working here. Some other factors must be at play. SA concerns as expressed by Vaughn make sense. The upcoming elections also are a concern-the strength of the communists there is quite persistent. We are approaching levels at which the M1 was in the courts. Patience may be a virtue but FM may want these shares at $5 or less. Regards DJ

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