I think M1 is the only asset that is being valued seriously by the buyers of the stock presently, hence our low valuation. M1 is the richest kimberlite pipe (by diamond concentration and valuation) in SAf, and perhaps in the world. Unfortunately it is small, and the other fissures, dykes, blows, pipes, etc in the SUF held SAf areas have proved not to be as rich at the present time. That may change soon, with further exploration. The solution to increasing stock valuations is of course, to increase production capability, which SUF is quickly trying to do.
Our management is aware of the current limitations , and has an excellent reputation in SAf, and amongst other mining companies,...and voila,...we get the opportunity to operate a platinum mine. Platinum group metals have high demand in industry, and will give us a higher profile in financial circles. If that mine was in production now, we would be a favorite on the TSE right now IMHO.
SUF people in the last few years have been good risk takers, excellent resource managers, and damned good explorers. No bullchit or pump and dump here. These guys are for real.
I agree, sellers are giving us an opportunity to buy more shares cheaper than they will be in a few years. Of course time will tell.
russett, a SUF bull. |
