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

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To: GEORGES who wrote (4870)11/4/1999 11:33:00 AM
From: Shaw  Read Replies (1) of 7235
 
Hi George,

Very true. CC has been hammering. However, I'm very sure that this selling could have been avoided with some investor/corporate relations work.

1. Find out who the seller(s) is/are.
2. Contact a few big shareholders that are still friends of the company and arrange a block trade buy to take them out.
3. Everyone is happy: Buyers because their long term holds and share price is stabilized and they get some SUF in a below market cross, and the sellers because they get out in one trade at a higher average price.

It's in everyones best interest to 'arrange' these sales/buys and they happen ALL the time, with MANY companies. Why it didnt/hasnt happened in this case is beyond me. The 'reasons' specified in the conference call were very cursory and it leads me to believe, although they may have tried, they didnt try hard enough. IMO, these folks are good explorationists, techies and accountants but their knowledge of the stock market astounds me.

Regards,
Dean
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