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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: VAUGHN who wrote (3795)6/28/1999 12:36:00 AM
From: Blue  Read Replies (2) of 7235
 
Vaughn, you have been a sincere follower of the NWT diamond scene but I must respectfully disagree with both your tone and your analysis.

Basically, you've written a lot of words. No number of words can make SUF's NWT properties become economic by themselves. More drilling may be the answer but please admit that it may not be.

You cite WSP as some kind of evidence of something. It isn't evidence of anything. I happen to believe WSP is overvalued.

In the market probably the best thing to do if you are that disgruntled or misunderstand the fundamental value of what you own is to sell, and many have taken this course. Unfortunate for owners of the shares to be forced with economic hardship due to the market's lack of confidence in the 'third world' of South African diamonds, but those buying the shares at these depressed levels will benefit.

It's always darkest before the dawn.
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