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

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To: Confluence who wrote (2751)4/7/1999 9:45:00 AM
From: Claude Cormier  Read Replies (1) of 7235
 
<<Any ideas/comments on how SUF could improve its market valuation? I see that SWG did an issuer bid and has announced another. Is there a demostrable positive effect? >>

I don't think so. There is nothing like a discovery to prop a stock.

<< Does SWG have its own thread? >>

Yes... but it is extremely quiet.

<< I saw the website yesterday, and must admit, the
company looks intriguing. I just have trouble with gold. I don't quite understand what will ever make the price go up. >>

SWG is a lot more than gold. As for the price of gold going up. It will.

Simply said... there is now only 30% more gold available than there was in 1979 when gold soared to $850. But now, there is more than 10 times the dollars, DM, Yen, FF...there were back then. Microsoft market cap is 50% of all the gold and mining stocks in the world.

There will be a shift to gold (and natural resources)...at some point. And we wont need a big one to cause the biggest bull market of all times in precious metals and other assets.
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