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

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To: gg cox who wrote (4618)10/3/1999 5:44:00 PM
From: ogod   of 7235
 
not so fast ptx for one has yorkton solidly behind it,has been cut in half since it s graduation from otc,is a pure play and has been the subject of reasonnably bonafide takeover whispers in the 6 range agreed messina looks better from a reserve perspective, though numbers won t kick in till end of 2001, however this project s financing is what now that i think about it could be also putting pressure on the stock corp-fi deps will be looking to finance w a mix of debt/equity, from what i have seen of the latest 33-11 financings on mbi-syb for instance they ruthlessly stepped on the stocks they were financing. unless the feasablity study is entirely bankable in which case we are back to orphan status for now.
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