Hi Osprey,
One of the great myths of SUF is that they have revenues from Angola. They have zero revenues from Angola. They have steady, and long term revenues form South Africa,...the country. They are making cash flow that make most companies on the TSE, and Nasdaq for that matter look like paupers. They are presently priced at 5 times eps after all expenses including taxes, depreciation and writedowns, and their accounting is incredibly conservative. They have no debt!!!! They are stumbling over diamond laden kimberlite all over their properties. South Africa is throwing mining properties at them to develop. They have the biggest diamondiferous pipe in the world in Angola. The company is ready to explode upward in share price, but they are not a dot com so nobody believes it.
How's that for hype Lola!!! Any better? Anyways, just remember, fuddle and I told you so.
Damn it,...everyone believes Superman, but no one believes a hamster,....(gggggggggggggggggggggggggggg). |
