SOUTHERNERA (t.SUF) Message Board

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

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To: GEORGES who wrote (2783)	4/7/1999 10:25:00 PM
From: Andrew	Read Replies (1) of 7235

From talking to CJ, I think his opinion is that buying back shares would show the market that the company has nothing better to do with its cash. Although in my opin maybe buying back 500,000 or a million shares would not hurt to much with the money that is flowing in. If they were to buy back in the open market I am sure the price would get pushed back up to the $7-$8 range even if it was done slowly over a period of a month or two. Better still a small dividend of 10 Cents a share would probably throw a different light on the stock, and bring in a new class of investor. Better still a half dozen economic pipes up north! Andy

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