SOUTHERNERA (t.SUF) Message Board

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

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To: Gord Bolton who wrote (2782)	4/7/1999 9:56:00 PM
From: GEORGES	Read Replies (3) of 7235

Gordon, I think the Co. should think of buying back some shares at this level and support the stock. The small investor is killing us right now. Very little volume and a steadily declining price is the story of the last two months. Share buybacks are a tool employed by many cos when the price of their shares reach a ridiculous low. I think we at that stage now with a 2-3 EPS multiple. It is a good use of funds for the co. if the price rises considerably in the future.(I bet you the directors are thinking about it)

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