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Gold/Mining/Energy : The Great Canadian Stock Contest (Q3)
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To: Stox who wrote (353)9/8/1997 6:40:00 PM
From: Tomato   of 496
 
Eric,

So, you'd like a few words on SUF, my big winner this quarter...

First, I'd invite everyone to visit the SUF thread, which of course has more goodies than I can provide in a few sentences.

SUF is a diamond exploration company that is either producing or will be momentarily producing diamonds. They have properties in S. Africa (results from which are fueling the price run up). They also have properties in Angola, which is a county with big political problems, and those problems seems to cause the market to heavily discount SUF's prospects there. In the NWT they have a property that is next to the WSP/Aber property at Camsell/Snap Lakes. The WSP property has hit diamondiferous kimberlite, so maybe SUF's Mackay/Back Lake property will hit paydirt too?
Their website has just changed to southernera.com
A couple people on the SUF thread have laid out valuation analyses in the past few days (they came up with some pretty big numbers - do your one due dilly!) There have been some good pieces of news the past couple weeks, which can be found on the SUF website.
And one last thing - the CEO is a real straight shooter, which as most of us know, is a rare commodity in junior mining companies, although SUF isn't so junior anymore.
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