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: gemsearcher who wrote (4030)	7/16/1999 12:05:00 AM
From: MNorth	Respond to of 7235

Well folks, it's not about fundamentals anymore unfortunately. It's about promotion, market mentality and production. Look at the numbers the Dow has produced and the returns of the tech stocks. Funds need success and big return numbers fast to attract customers. Individuals want the big return fast. Yadda, yadda.com went from 40 cents to 28 bucks. I don't know how many times I've heard that kind of crap. The PE's are outrageous. They don't mean a damned thing. Short term SUF is screwed and is on a slippery slope. People are having a blast playing "drive the price down" on pathetically low volumes. The momentum is going backwards, their promotion sucks and is driving them lower and few people are listening anyway. How totally unfair to a company who are so good at what they do. Personally I am long on SUF and think that there future success is blatantly obvious. I'm in the red and I know I'll get my money back and then some...but it is going to take a while. In the meantime I am going to have to pay for my views with a paper loss and a forced patience. Contrary to my earlier opinion, maybe on such low volumes a share buy back would be in the company's interest. They want to be able to issue shares in the future at the drop of a hat in case they come across a "deal"? Well a lot of good that will do if the share price is in the toilet. So in the end I choose to hold because I feel you can't go wrong investing in these people never mind the company's properties and direction. But even with patience it is frustrating watching SUF price being ridiculed. So I guess I will ignore the madness for now and check back in when the price is getting to my target of 20 dollars. Best of luck to all. Hope to be back soon.

To: gemsearcher who wrote (4030)	7/16/1999 12:26:00 AM
From: russet	Read Replies (1) \| Respond to of 7235

Evenin' gemsearcher, We seem to have a lot of company buying below $4.00. Of course before the AGM we got that company below $4.50. What amazes me is the brokerage types I talk to don't know SUF even makes money. They think all the SAf land holdings were included in the DeBeer's 60%, Suf 40% deal. They have no idea what Klipspringer is all about. Many are used to the economics of diamond mining in NWT, and don't seem to realize how cheap it is to mine in Africa, and that capital costs are a fraction of the costs in the Canadian North. A comparison with Winspear is perhaps in order. Randy Turner is out on a road show every quarter (perhaps every month lately) comparing his company to other diamond companies. Winspear has a booth at Vancouver's Roundup and the PDAC in Toronto. RT's at major mineral shows in the U.S. and other countries. He is sponsoring meet and greets at both the Canadian Shows. He has raised the profile of Winspear to great heights. He did not leave it up to the brokers,...he has made enough small people aware of Winspear, the brokers had to learn or they lost business. Now the broker can initialize a run, but the following is so great they decide whether there is momentum or not, and in what direction. The same can not be said for SUF to my knowledge. They seem to be all business. Sure they have a presence at the Roundup and the PDAC (technical lectures on geology and results), but no meet and greets, no booths, no road shows I'm aware of. To get new shareholders, you have to get out and rub flesh, tell stories, talk the talk and walk the walk. Promotion, salesmanship, and spreading the word. You can't wait for someone to ask. You have to get in their face. Every great company has the promotional figurehead personalities, mixed in with the get down to business, and control types. It is critical to have all three. I see one for sure, maybe two, but I think the promotional one is missing. SUF's story is great, but few know the new story post Marsfontein-DeBeers debacle,....yet. russett, spreading his brains on the carpet