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

To: gg cox who wrote (4673)	10/9/1999 11:08:00 PM
From: russet	Read Replies (2) \| Respond to of 7235

Squished hamster thought for Thanksgiving weekend,...a squished hamster is one who believed, but lost a lot of money,....thank god for MMU,CNB,PVF,KOB,DMW,DFI, and a crapload of gold companies or I would be down $100,000 with this pig. The market cares about one thing,...EARNINGS,...sorry for shouting, but that is all that's important. This B.S. of throwing all the earnings from SAf into Camafuca, the Canadian NWT, and Brazil was a gamble,...and guess what, it lost!!!! Either management hunkers down and proves Marsfontein, Klipspringer and Messina can make this company money, or we are headed further down. The fact that earnings come from SAf is completely irrelevant. The earnings have to be higher!!! That's why CJ is going. He gambled and lost. Good gamble, but it lost. Now we need someone who is production oriented, at least for the next 4 years. Spend the minimum to hold onto Brazil, Canada, and Angola. Spend the maximum on proving up Klipspringer, Messina, and Marsfontein. Future Earnings Per Share is directly related to shareprice. Currently we are anticipating about $.50 per share earnings,...hence a $2.50 share price. Only improved earnings can change this,...and that can only come from SAf in the near future. The last year should have been spent exploring Klipspringer and Marsfontein. It wasn't so we suffer. A good gamble,...but it went against us. Time to hunker down and prove up the obvious. Now why aren't we spending money on SAf. Is there a good reason,...like we can't make any more money there, because we can't increase production, or the deposit isn't economic? That's the question isn't it? Answer the question SUF, or SUFfer the consequences. If Klipspringer and Marsfontein can't make over $.50 earnings per share per year, then the entire management should be sacked and charged by the RCMP for lying to it's shareholders. Time to face judgement!!!! And boy, will I be one pissed squished hamster if they can't make at least $1.00 earnings per share per year from those damned fissures in Klipspringer and Marsfontein.