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

To: Blue who wrote (3832)	6/29/1999 1:28:00 PM
From: .Trev	Respond to of 7235

Since it was your offensiveness that provoked this little storm in a buttercup maybe you should consider curbing your arrogance so that you don't provoke lurkers like me to come out or the bullrushes. Stating your opinions as opinions instead of asserting them as absolutes would be a good start in my view.Seems to me you're not living up to the supposed finer traditions of the "Agony column"

To: Blue who wrote (3832)	6/29/1999 1:32:00 PM
From: gemsearcher	Read Replies (1) \| Respond to of 7235

Hello Blue and Trev. Can an impartial observer humbly suggest that a truce may be in order? In light of the current share price and the price last May , it appears that the market does not make much of a distinction between potential bankruptcy on the one hand and healthy cash flow and no debt on the other. ;-). FWIW , I don't think that SUF was really near bankruptcy - even had Maduna not stepped in , and SUF ended up with 0% of Marsfontein , some compensation/deal for the $20 million capital investment would have been worked out , SUF would have been free to sell Klipspringer marketing rights etc. No bed of roses admittedly , but they could have bought a lot of time. I would have been worried if they had any meaningful debt. As for cash flow for '99 , I'm guessing in the $1.50 - $1.90 range 37c/Q1 , est. 50c. for each of last 3 quarters , with earnings close to $1. Regards