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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: teevee who wrote (3985)7/13/1999 4:49:00 PM
From: gemsearcher  Read Replies (1) of 7235
 
Hello Teevee.

About 800K shares were issued as part of the Camafuca payment @ $5.50. This is coincidentally the resistance point over the last couple of months or so (see the chart) - the "Com. D. Wall". Failure to break the wall has led to frustration for some ; this frustration becomes acute sub- $5 (margin flushing territory). In short (no pun intended), I believe the wall can /will be broken by Marsfontein drilling and/or Camafuca bulk sample news. This could operate as a double whammy - removes the wall and answers the "cash flow post M1" concern. That's when it takes off. Regards.
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