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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: PHILLIP FLOTOW who wrote (4258)8/6/1999 1:59:00 PM
From: Peter Bourgeois   of 7235
 
Hello Phillip,

Any idea why the downgrade? I assume that the potential for discoveries on their many properties was not a part of their equation and it is based on earnings. Just a guess!

It is depressing, I noted that advocate on the stockhouse thread received a margin call and is not impressed.

I must admit that I am a diehard with this company and will not give up the towel for a long while.

Cheers !!! Peter
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