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

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To: MTWALLET who wrote (816)4/7/1998 9:24:00 PM
From: Valuepro  Read Replies (1) of 7235
 
MTWALLET,

While I'm aware your question was not addressed to me, I am very familiar with both SPQ and SUF. Spider is an outright long shot. They haven't proven anything, yet. Whiffs of smoke, but no fire. SUF has strong fires burning in several areas. Chances are you will loose all your money on Spider. You CAN'T do that with SouthernEra. Spider could get you zero or up to 10,000%. At current prices I don't see much risk in SouthernEra. Your returns are not likely to get anywhere near 10,000%, but they should, at the very least, be very happy returns, indeed.

Goalie and VAUGHN can guide you. They are very knowledgeable and consistent contributors to this forum. I've been a sometime contributor and more of lurker, but I've been into SUF since late '91. I continue to hold much confidence in SUF properties and management.

I also have a large position in Spider which I've as much as written off. The stock is so cheap now, it may cost me more in commissions than I would get back. As I've done for myself and advised on that forum, use only pocket change to bet on SPQ. If they can survive long enough to make a good hit in Alberta, Ontario, or Brazil, pocket change will provide a very handsome return. If not, you won't be hurt.

In summary, put small change in SPQ if you want, but place larger bets on SUF.

ValuePro
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