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

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To: Letmebe Frank who wrote (7052)5/3/2003 9:05:25 AM
From: russwinter  Read Replies (1) of 7235
 
FYI, I reloaded for a half position @ 5.80 on Friday. Kind of a peculiarly neglected situation. I calculate, it's only selling for 4.5X enterprise value on Phase I cash flow, and a mere 2.5X EV/cf on I and II. That's way too cheap for this property, and doesn't even count the diamond prospects.
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