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

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To: russet who wrote (3558)6/6/1999 8:43:00 AM
From: maxed  Read Replies (1) of 7235
 
Hi. russett. We all share your frustration. I also own KRT so I know frustration big time. I have to disagree on your statement about there current earnings being a negative. Any cash flow is a positive no matter how it is generated. This has allowed them to explore in Brazil and the NWT without going into debt or increasing the number of shares floating around. This has allowed them the opportunity try and become independent of DeBeers. Look at the share price of ABZ and DMM.A and WSP and there cash flow or lack of it. For the most part these are one trick pony's. If you had $100,000 to invest in only one of the 4 which one would you pick that will give you the biggest return over the next 2 years. But I do respect your opinion and that is what makes the market work. If no one got fed up with a stock there would never be any seller thus no stock available for people like me to buy. Eddy.
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