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

To: Valuepro who wrote (3931)	7/8/1999 6:40:00 PM
From: maxed	Read Replies (1) \| Respond to of 7235

Hi. Valuepro. The idea of SUF paying a dividend has been mentioned before and I believe it is something they should be looking into. This would open the stock up to several groups of investors and funds that are not able to buy the stock now. If SUF is aiming to be a ABX or PDG this should be the next step. ABX has a yield on their dividend of 1.08 %. PDG has a yield of 1.90 %. If SUF paid a dividend of .10 cents a year on their roughly 27,762,145 shares it would cost them $694,053 a quarter for a yield of 2.2% on a price of $4.50. This amount of money should not be a problem if the predictions of future revenue are forth coming. I believe these numbers are correct but if they are wrong please let me know. Eddy