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

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To: Chas. who wrote (4403)8/26/1999 9:25:00 PM
From: Goalie  Read Replies (1) of 7235
 
Hello Chuck:

I was out all day, just saw your question. Valuepro, russett, marcos, Blue answered you well already (see above) and I echo their feelings and comments. Fundamentally, SUF is very solid and I am very long on it! I am not a short-term investor; I buy at low levels and hold for large profits. So in that sense I am not the best person to get "short-term value" opinions from. On the long term, however, this stock is going North! I sense that it will get a kick when Camafuca results are released; it will also get a kick if and when SUF hits some economic dimondiferous kimberlite in NWT (as Vaughn so eloquently suggested to us over the past few weeks); it will also get a kick from Brazil, etc. What is short term? Maybe a month, maybe the "September syndrome", maybe 3 months... I wish I knew. But I do have a strong feeling that in the next 9 - 12 months we're back to double digits, which would give you a nice triple... And that's not wishful thinking, but a conclusion reached by looking at SUF's fundamentals.... terrific cash flow, NO DEBT, excellent property potentials, top-notch diamond finders. Now all we need is someone to run it like a business, and not as a junior company (no slight intended here to anyone)!
Welcome aboard!
Regards. Goalie.
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