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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Andrew who wrote (4886)11/5/1999 11:37:00 AM
From: gemsearcher  Read Replies (1) of 7235
 
Hi Andy.

The selling over the last few days appears methodically purposeful. It is clearly not tax loss or disgruntled selling. Interestingly , the main selling houses are "offshore" based (CC and DM) , the buyers (FM , NB and Gordon) are domestic. It looked briefly yesterday that SUF may have bounced when FM bought up to $2.05 ; this was quickly rebuffed when sellers flooded the offer @ $2 and again @ $1.90.

Of course , the foregoing analysis and $1.40 will buy a medium coffee @ Tim Hortons.

Regards
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