SOUTHERNERA (t.SUF) Message Board

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

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To: Ron S. who wrote (2847)	4/13/1999 9:14:00 AM
From: gemsearcher	Read Replies (1) of 7235

Hello All. A few random thoughts while we are waiting for news: 1. The Camafuca U.S.$6.5 million is due on the 20th. The 3000 tonne core sample will presumably be done and known to the market before then. If the decision is "go" , the co. has the option to pay one-half in SUF shares at the then market price ; i.e. the next week will be interesting. 2. A longer term concern is the stock's illiquidity ; any ideas on how this can be addressed? Until this issue is dealt with , the share price will continue to be susceptible to a word that rhymes with capitulation. 3. We should anticipate that the Q1 results should be similar to previous quarter (throughput problems , lower CSO price book); to my mind the throughput problems were a blessing in disguise as the price book will almost certainly be revised upwards after the next sight and Q2 production will get the benefit of those higher prices. 4. Maybe Vaughn and Paul are both right - maybe Munn is a "dype"! Regards. gemsearcher.

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