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

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To: GEORGES who wrote (2581)3/14/1999 5:35:00 PM
From: VAUGHN  Read Replies (1) of 7235
 
Thanks George

While all the earnings potential is reassuring I am really not focusing on that right now. As far as I am concerned and I suspect the market as well, it is exploration results that will drive short term prices. Right now, I think the market views earnings as the antidote to euphoria. They don't mean anything if the market does not think they can be sustained or if dividends are not distributed.

If KF can announce another three M-1's then I will be a happy camper. If HB can announce five Back Lake pipes and eight Yamba Lake pipes, each announced one to two weeks apart, they will both have my undying love, and I may even arrange for my wife to bear their children (tongue in cheek).

I await, with a barely restrained aneurysm, what HB will announce over the next three weeks.

Regards
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