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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Chas. who wrote (6529)5/8/2001 7:29:23 PM
From: teevee  Read Replies (1) of 7235
 
chuck,
I agree. The attractiveness of SUF is that the exploration blue sky is at zero cost. IMO, the upside in SUF's share price is currently tied to development of one PGE mine and two diamond mines. I find it amazing that it can all be had for under $3.00 per share with only about 32 million shares outstanding on a fully diluted basis. There is about .75 ounces Platinum-palladium and a carat of diamond per SUF share. I doubt SUF will remain at these prices for much longer:-)) Good luck with DSP. They have a good sized war chest and a great team of explorers. DSP has already come up with their first pipe this year. I expect it will be only the first of a few pipes for them this season.

cheers,
teevee
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