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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: russet who wrote (5770)3/4/2000 1:13:00 PM
From: Elizabeth Andrews   of 7235
 
SUF looked like a decent speculation to me at C$2. I have now sold it all as the market action coming into the news release spooked me. I have switched the cash to a long position in PDL-T which offers exposure to Pd and it is a mine now.

This is not the environment to be short anything and I changed my strategy about six months ago as I could not find very many mining stocks that were blatantly overpriced. Most things don't go to ZERO and the market moves in cycles.
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