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

To: Rocky510 who wrote (4287)	8/11/1999 12:09:00 PM
From: Confluence	Read Replies (3) \| Respond to of 7235

Hello Jimmy, I agree, valuing SUF on visible EPS is obviously short-sighted, though the market would seem to indicate otherwise in the short term. Why don't we all put our heads together and figure out the rough values, in terms of a per share impact, of each of SUF's assets? I think that I would separate the assets into the following categories: Klipspringer, Marsfontein JV, Messina, Camafuca, Brazil, rest of the world and NWT. I think that two other categories may also be necessary, being professional goodwill, like that engendered by creating many new jobs in a depressed RSA, and market goodwill, both of which may be positive or negative from time to time, and might be difficult to enumerate. It seems to me that short of a discovery somewhere, or a surprisingly good result from Camafuca (why soooo slow?) or where ever, the only way SUF share price goes higher is through educating investors, especially analysts, on the future potential of SUF. Many on this thread seem to understand the long term value approach, but maybe no one else does. A take-over attempt might also be beneficial, but if some deep-pocketed firm offers me $7/share, well, maybe they can have some of the stuff I bought yesterday, but for the long term, core holding, they can take a hike. Just my thoughts, Confluence