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

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To: maxed who wrote (5187)12/15/1999 9:25:00 AM
From: gemsearcher  Read Replies (1) of 7235
 
Hi Eddy.

LOL. It is my understanding that the Minister (like most of SA) has left on holiday (it's the equivalent of spring break over there); papers re Messina remain to be signed and it's unlikely we'll get details on the bankable until they are. As a result , I think SUF will remain comatose , with probably some tax-loss selling in the next week or so , until the new year.

I agree that the co.'s track record this year in meeting forecasted delivery dates has been absolutely brutal. It is no solace /excuse to point to matters as being outside of SUF's control as being the reason for this persistent failure ; it is a Grade 1 management/IR maxim that if that is the case , the forecasted delivery date should be accompanied by an appropriate qualification to that effect. But I know I'm sounding like a broken record.

Regards.
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