SOUTHERNERA (t.SUF) Message Board

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

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To: russet who wrote (4323)	8/13/1999 7:21:00 PM
From: Shaw	Read Replies (1) of 7235

Hi russet, I didn't mean to sound like a wet blanket and I agree with almost 100% of what you said. It's only the one line in your post that I am alluding to. That being: "Their ability to get off their pitards, dust themselves off, and get on with it has been ignored though." That, IMO, has been a fundamental problem. They have been hearing from shareholders (some of them very large holders who have been with the company for years and years) for probably a year now about the problems on the admin/corporate side of SUF. These people, as far as I know, have been ignored. What do they do then???? Correct! Sell the stock down to $3 or 20% below book. All of your production calculations and praise for management are certainly founded. What they have done with this company you can equate to "rocket science". Unfortunately, keeping big holders/institutions/friends of the company etc. happy (with simple communication through someone with market savvy) is not rocket science and can be done cheaply and quickly. They, IMO, have not grasped this apparently simple concept. Have a good weekend and good calcs on the post! Dean

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