Yes, crudestope, thanks Terry ... maybe not a fund manager, but clearly informed on international dealings and characters, i sure liked his posts ... maybe his SI subscription ran out or he felt there just wasn't interest here ... which there wasn't much really, for some time ... he left an email in his last post there, maybe he could be encouraged to post on stockhouse, we could paste it in here
Speaking of stockhouse - Frank and Georges, how are you getting in there? ... it won't work for me, i get a pop-up that says 'document contains no data, try again later or contact admin' .... rarely have i ever lurked the suf thread over there, tend to forget it exists
ValuePro, yes there is a shareholders' rights plan, they don't always work however, and i don't how how suf's is structured .... as for what price would interest me, i don't think of it so much in terms of price as in terms of time - better for shareholders imho to see the game plan develop on its present course, since as long as things are going right, knock on wood, with Messina on time and under budget, the whole picture gets better by the day, and the heavy discount from a reasonable multiple to '03-onwards cash flow starts to get shaved back, bit by bit .... things could go wrong of course, political risk and PGM price risk etc, however i like the odds of things generally going right, and do not want to see a takeout offer in this calendar year, hostile or otherwise .... no more five-loonie Winspear sellouts, i hope, and there is a new flavour in the air for resources lately ..... but just musing on a number, i figure Ms Market will double suf's market cap this calendar year, from this point, so if say Río Tinto wanted it and felt like doubling her figure, i'd think about it - fifteen loonies
;-) .. [edit] - but only half joking here - the old high was twenty something, right? - why not a reverse head 'n shoulders completing in '03 or '04? ... could easily happen, say Pt started trading up a little, or suf had some exploration getting interesting somewhere, or .. ahem ... Camafuca producing a few nickels ... nothing breeds success like success, and once the shareprice really gets on a roll, momo will carry it further ... observe how deeply it got sold off, at the same time that we knew full well what we had at Messina ... it was just one of those final pushing overshoots by said Ms Market, and she does it both ways ...... amzn at 400US, i rest my case -g- |
