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: Shaw who wrote (5081)	11/27/1999 6:19:00 PM
From: Valuepro	Read Replies (1) \| Respond to of 7235

All, I just read on the Raging Bull site, the Crystallex forum, that KRY and SUF may have news next month on the Uruguay joint venture. Drilling? I'll try to find out during the mining conference beginning tomorrow in San Francisco. VP

To: Shaw who wrote (5081)	11/28/1999 11:26:00 AM
From: Confluence	Respond to of 7235

Hello Shaw, I don't know how the tax-loss selling may play out. If I wanted a loss on my SUF holdings, but still liked the potential of their many projects, I'd probably have sold already to buy back in the next little while, before or around the expected good news on several fronts. But not everyone looks forward as much, and it wouldn't surprise me if some larger shareholders jockey some stock around before year end. I hope they don't whack bids, a la Canacrap a couple weeks back. It would be a shame if SUF had good news on one or several fronts, only to have the good news met by merciless selling. One of the reasons that I've been critical of management recently is the continuing delay on news from all fronts. This has further eroded confidence, and were it not for the large support from FM, this stock would be well under $2. I just cross my fingers and hope there is no "sell on news" action once we finally get some good news. It would be a great shame for a positive announcement on Messina to be lost in a round of tax-loss selling. With SUF having a board meeting in RSA later this week, it seems doubtful that SUF mgmt has constructed any plan to deal with any large blocks that may be for sale, much in the same fashion that they have conducted themselves recently. Its too bad that no one at SUF has stood up to support shareholders. Just my thoughts, Confluence