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


To: VAUGHN who wrote (4779)10/22/1999 11:11:00 AM
From: Rocky510  Read Replies (1) | Respond to of 7235
 
Ditto: SUF has stated that in their AR's and at their AM's and I for one do not want that policy reversed just yet.



To: VAUGHN who wrote (4779)10/22/1999 11:30:00 AM
From: Peter Bourgeois  Respond to of 7235
 
Hello Vaughn,

Again a great update on the Great White North. Personally I do not care where the next mine comes from as long as there is one. I suspect that we will end up with many mines in the future.

I am still a little miffed at the lack of updates on the various projects but I can live with it. If one goes back to pre-Klipspringer, Suf was even telling us in news releases that they were buying new trucks instead of used ones. Now we appear to be in a project void. When we had one project, news came almost weekly, now it is like pulling teeth.

One interesting note on the project with Caldera, the news release was rather vague on exactly where this was. I at first assumed that it might be an oversight but when I contacted Caldera IR they said that they could not discuss where the project is located. It sort of smells like there is more staking of ground going on. Could be interesting.

Cheers !!! Peter



To: VAUGHN who wrote (4779)10/22/1999 2:12:00 PM
From: gemsearcher  Read Replies (3) | Respond to of 7235
 
Hello Vaughn.

Interesting posts by all of late. Reads like a debate between squished hamsters and gutted fish.

The stock is trading at close to a 70% discount to NAV. No value in NAV to Messina , Angola , NWT , Brazil , Uruguay , Zimbabwe , Australia , expanded Marsfontein resource , Pongo-Pongo or my backyard. This is not good. In fact it is very very bad. I will go so far as to say that it is very very very bad. I will go even further by suggesting that the Board and senior management of a debt-free public company that is (and has been for some time now)trading well below its liquidation value has a duty to its shareholders to do adopt something more than a "business as usual" attitude. Let's hope for our collective sake that they are doing just that.

Regards.