Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: teevee who wrote (4022)	7/15/1999 7:28:00 PM
From: maxed	Read Replies (1) \| Respond to of 7235

Hi. Teevee. On Mar10/99 you said that ABZ was a dead stock. It closed that day at $10.40. Today it closed at $13.50. That's a 29% increase in 4 months. Good call. Please keep trashing SUF. You should play up the fact they are debt free with millions in the bank and more coming in every month. This is always bad for a company's future.

To: teevee who wrote (4022)	7/15/1999 10:02:00 PM
From: russet	Read Replies (1) \| Respond to of 7235

teevee, I agree with you on one thing. There are more sellers than buyers above $4.00. But we need to know who the sellers are and why they are selling. I submit neither of us has total knowledge of that at the moment, but I know that shares were issued to Angolan nationals to purchase Camafuca, and I assume those nationals are more interesting in money than mining or they wouldn't have sold to Suf in the first place. Who are they,...FM, DS, TK? It would be nice to identify them. Anyone know? We all know SUF are great explorers,...and seem to be competent miners. But the question remains,...are the accountants strong enough to ensure the mining is done as efficiently as possible, and to demand exploration be cost effective. We can spend millions on exploration and come up with nothing. In the end, where is the best chance to find mines that will contribute to the bottom line? Some argue NWT. Some like Brazil. Some say SAf and Angola. Who is right? No one knows. I don't care where it comes from, as long as it comes. We have been blessed with a company that has hit an economic mine. That is rare. This has given them the opportunity to explore in many areas of the world. I have learned in my short life, that big is not necessarily the best route. Sometimes having many small things add up to more. And when something goes wrong in one area, the rest may rise up to replace the shortfall. In the end you need it all. Good financial people, good promoters, good engineers, good explorers and most important,...a bag of horseshoes up our arse. Are we missing any of these? russett, just another hamster, perhaps a small minded one, perhaps not.