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


To: Confluence who wrote (4667)10/9/1999 9:51:00 AM
From: maxed  Read Replies (1) | Respond to of 7235
 
Anyone care to make a guess as to where the next president might come from. I personally would like to see someone come from one of the large Canadian integrated mining companies like Noranda, Inco, Alcan, Falconbridge or even Placer Dome or Barrick. There must be at least one bright person at one of these giants who would love to be president of a company with the future that SUF has. Everything is in place and all he would have to make sure of is that he doesn't screw it up. Some hot shot from one of these companies would most likely be known by the investment community and they would have a general idea of what to expect. I believe the worst thing they could do is bring someone in from SA or Europe who no one here has any knowledge of. They may be qualified but a Canadian company dealing with a Canadian media and investors needs someone who is known to both. Anyone care to comment. Thanks Eddy



To: Confluence who wrote (4667)10/9/1999 3:09:00 PM
From: teevee  Read Replies (2) | Respond to of 7235
 
Confluence,
I thought you of all people would know better!! The analogy between SUF and Cdn 88 is indeed strong. They both serve to illustrate why retail hamsters are suffering paper loses after having bought at significantly higher prices. The level of due diligence that only goes as deep as reviewing company news releases, annual and quarterly reports, comparing this sort of "data" with peer companies and of course, the "blue sky", will invariably cost retail investor's money (How often have you heard or seen "I just don't understand why this stock is so cheap...look at the fundamentals....when the market finally wakes up....this stock should be trading at two to three times the current price"....and on and on go the harpings of shorn sheep and squished hamsters). The strongest analogy between SUF and Cdn 88 is that the captain of the good ship Cdn 88 also needs to replaced by a new skipper, but for different reasons, although just as compelling. Neither SUF or Cdn 88 are near their bottoms yet and IMO, the prospects for a turn around and more importantly, a share price recovery, appear to be very long term.
regards,
teevee