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

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To: gemsearcher who wrote (4748)10/20/1999 4:42:00 PM
From: teevee  Read Replies (2) of 7235
 
gemsearcher,
LOL....great sense of humor;-0)....On a more serious note, I am left with the impression that many on this thread fancy themselves as "value investors" and as such, appear to be in some sort of state of denial about the SUF share price. Well here is a bucket of cold water for those who refuse to sober up: "Value investing" strategy works best with large cap cyclicals such as the senior metal stocks, if you are prepared to buy and sell them through multi-year metal price cycles. It also works well for other commodity based stocks such as senior oil and lumber stocks. Applying that strategy with junior resource stocks and equating "blue sky" with value and growth potential is a BIG mistake.
regards,
teevee
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