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


To: Gemini who wrote (3938)7/9/1999 10:50:00 AM
From: Andrew  Read Replies (1) | Respond to of 7235
 
Someday maybe soon we will be kicking ourselves for not buying more at these prices. This stock should be trading at close to double this price. I believe a dividend would have an effect on share price in that it would help portray that SUF earnings will be a long term happening. I do however think that we will not see one till Messina is producing. Management could not justify paying a dividend with with $30 million or so needing to be raised for developing Messina. Perhaps in a few years.

Patience will be rewarded the company has some great assets the market just hasn't woken up to take notice yet.

Does anyone know how many ounces Stillwater will mine per year and at what cost/ounce? It would be interesting to compare considering where Stillwater is trading.

Andy