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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: teevee who wrote (3974)7/13/1999 3:20:00 PM
From: Confluence  Read Replies (2) of 7235
 
Hello teevee,

Your comments were insightful as usual.

Care to add facts/details concerning "South Africa's spiralling decent (sp?) into the abyss"?

Perhaps this explains the recent foray of Placer Dome into RSA with the purchase of 50% of the South Deep gold project for $235 million.

I hope you've decided to trade SUF; perhaps you've offered some stock for sale?

Its funny, but SUF now has in production a fissure mine, profitable within a couple months, much like your friends at WSP aspire to. (As an aside, how are the relations in the NWT between the chiefs and WSP's partners at Diavik?)

Thank you for your comments on emotional investing, and thank you for pointing out, as the stock may be bottoming, that it has been headed in the wrong direction. Sage advice (what was your prediction for $value/ton at WSP? $400/$500/$600?), for sure.

Any other social commentary is always welcome.

Your pal,

Confluence
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