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

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To: VAUGHN who wrote (2650)3/30/1999 2:00:00 PM
From: Goalie  Read Replies (1) of 7235
 
Hello Vaughn:
Your points are well taken. What is still puzzling to me is here we have a company with solid earnings; no debts; good properties and cash flow (from SA) which, I am sure, will be used for financing Cdn exploration! South of the border, earnings are key to success on the markets as we have seen in the past few weeks. Earnings doesn't seem to matter with Cdn investors. And the growth is spectacular -- In one year, SUF climbed from a junior to a producing mining company. The M1 property, I suspect, will have more than just a couple of years' earnings; it'll be more like 4-5 years if current delineation proves it. Then Klipospringer/Leopard plus M3 will provide a steady cash flow for NWT ventures. And, this is where I strongly agree with you. Now that the coins are there to invest in Canada's North -- without diluting investor value and getting into major debt like some others in the North -- we can look forward to the discovery of economic pipes at Munn, Margaret, Back etc...

So, Howard, keep on drilling....!

Regards. Goalie.
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