SOUTHERNERA (t.SUF) Message Board

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

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To: Rocky510 who wrote (4014)	7/15/1999 4:17:00 PM
From: russet	Read Replies (1) of 7235

Looks like someone from Yorkton couldn't convince the broker to keep the margin going. At some point near this it behooves this company to buy their own stock back. If the projections they have presented are true, and come to pass...then the company would be worth over $10.00 per share based on earnings per share of $2.00/year or more in a few years, some of that excess cashflows best use would be to buy their own shares now, to get a triple in a few years and then they could use the capital gain to pay off the development costs instead of shares. In this way, Camafuca would cost us nothing. It would send a message to spooked market as well. russett, cheek pouches becoming a problem to movement now.

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