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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: Confluence who wrote (3716)	6/21/1999 10:14:00 AM
From: Andrew	Read Replies (1) \| Respond to of 7235

SouthernEra Resources Limited - Taylor says Southern Era is a most amazing company SouthernEra Resources Limited SUF Shares issued 25,980,645 1999-06-18 close $5 Friday Jun 18 1999 Writing in the June 11 issue of Gold Resource & Environmental Stocks, Jay Taylor tells his subscribers that Southern Era is a most amazing company and an undervalued, profitable, producing resource stock. According to Mr. Taylor, the payback on the company's first diamond mine was received in one week. Apparently Mr. Taylor was introduced to Southern Era at the New York Mining Show and was "amazed by the quality of this young diamond producer." He reports that while the company's first diamond project is being mined out, it is developing the Leopard Fissure deposit which should make it "a major diamond producer in South Africa for the next 30 to 50 years or longer." Mr. Taylor says that if Southern Era does not get the attention it deserves from Canadian brokerage houses, it may be because it is flush with cash. "Brokerage firms usually tout stocks most heavily if they have a large position themselves or if they are doing an underwriting because the research reports will help them sell their inventory," Mr. Taylor tells his readers. "With SUF being flush with cash why tout this stock if it simply diverts attention from investors away from the ones they are underwriting?" he asks. Mr. Taylor hopes to have a report on Southern Era in his next newsletter. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com