SOUTHERNERA (t.SUF) Message Board

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

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To: Chas. who wrote (6638)	6/10/2001 9:23:31 AM
From: Gord Bolton	Read Replies (1) of 7235

-----------------SUF--- vs-----------ABX Shares out-------31million-----------400million Share price------CAN$4.10------------CAN$26.00 Market Cap-------CAN$127.1million----CAN10400million Resources--------11.19million ounces 84million ounces -----------------PT and PD-----------Gold Production Cost per ounce---US$150--------------US$150 Current market price----PM US$610----Gold US$273 Resource Value X %10------US$514.74million-----US$1033.2million Based upon resource value if SUF were trading at the same discount as ABX, SUF would be trading at CAN$170.00 per share. Can you figure out why some of the big boys are watching SUF with interest?

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