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

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To: gemsearcher who wrote (5241)12/23/1999 1:37:00 PM
From: Shaw   of 7235
 
Hi GS,

Another couple o' blocks crossed by FM. Hmmmm....

Anyway, if I've learned something from trading a few of these 'out of vogue' stocks it's that it's very difficult to call when they become 'in vogue' again. Usually you need a sexy event (like REX) to get the markets and the traders interest. Maybe Vaughn is correct, a discovery in the NWT may be the catalyst?

Regardless, IMO, I can see market interest maybe coming back with 1) a string of positive PR's in the new year 2) An aggressive market oriented new CEO 3) A positive 'surprise' (and I will stick to my guns that when the messina FS release is PR'ed it will have no effect on SUF market price) 4) Buyback being implemeted and its assurance to shareholders (indirectly) that the company will support the stock at a certain level no matter what the cost. ie in effect telling people: Buy at or above this level with confidence cuz we're not letting the stock go below it. That should drive in buyers and get some offers pulled after some initial selling.

Any of the above could hopefully get some momentum traders into SUF, provide liquidity, get it some headlines and hopefully a march towards proper valuations.

All MO on a very slow day. Sorry for rambling.

Have a good holiday season.

Dean
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