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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: gemsearcher who wrote (2868)4/13/1999 11:20:00 PM
From: Claude Cormier  Read Replies (1) of 7235
 
Gemsearcher,

Maybe we should not confuse illiquidity and lack of demand.

Illiquidity (or liquidity) is the fact that there are very few shares available for trading on the market. Basically, the float is small and permanent.

Temporary lack of demand (and or supply) can cause low volumes and large spread even if a stock is rather liquid.

IMO, SUF is liquid we a float that is certainly in the 15+ millions shares. But we are experiencing some lack of interest in trading the stock, mostly from the buy side.

CC
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