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

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To: Donald McRobb who wrote (5016)11/16/1999 8:20:00 PM
From: Brian MacDonald  Read Replies (2) of 7235
 
I too thank you Don. It's valuable info and thanks for taking the time to share it with us.

BTW, it looks to me as though DS has been accumulating SUF at these low prices. Isn't it strange that a company that has almost $2.00 in cashflow this year, and will likely have at least a cashflow of approx. $0.35 per share even after M-1 is completely mined out a year from now, would trade anywhere near the present valuation?

Given that the share price has been on a slippery slope for most of the year, however, the trading lately looks more and more like tax-loss selling rather than shorting, etc.

Once this period is over - soon I hope - and we have a positive result for Messina, the price should start to rise again.

Brian
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