SOUTHERNERA (t.SUF) Message Board

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

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To: VAUGHN who wrote (4779)	10/22/1999 2:12:00 PM
From: gemsearcher	Read Replies (3) of 7235

Hello Vaughn. Interesting posts by all of late. Reads like a debate between squished hamsters and gutted fish. The stock is trading at close to a 70% discount to NAV. No value in NAV to Messina , Angola , NWT , Brazil , Uruguay , Zimbabwe , Australia , expanded Marsfontein resource , Pongo-Pongo or my backyard. This is not good. In fact it is very very bad. I will go so far as to say that it is very very very bad. I will go even further by suggesting that the Board and senior management of a debt-free public company that is (and has been for some time now)trading well below its liquidation value has a duty to its shareholders to do adopt something more than a "business as usual" attitude. Let's hope for our collective sake that they are doing just that. Regards.

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