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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Ross Orr who wrote (5666)2/11/2000 12:14:00 PM
From: gemsearcher  Read Replies (1) of 7235
 
Hi Ross.

Don't want to pre-empt Phil , but I don't think you are missing anything. I went gaga on SUF when Messina was announced last spring. Have spent the last few months scratching/beating my head and averaging down. IMO , SUF should be trading in the $6-8 range on the basis of Messina alone (see PTX) , and could steadily climb from there if they are able to establish further reserves at Messina .

IMO , things could get very interesting if the market does not accord Messina the valuation respect it deserves post-acquisition.

Regards.
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