SI
SI
discoversearch

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: buylowsellhigh who wrote (5096)11/29/1999 10:31:00 AM
From: gemsearcher  Read Replies (2) | Respond to of 7235
 
Sounds like a quick double to me. Do you get the Doritos and the Angolan Lite Beer with the t-shirt , or is that extra ?

We won't hear news on the Messina (read Messiah) bankable until the Minister has signed-off ; even then , I would not expect any meaningful uptick until the financing picture is clear.

Bottom line is that SUF share price will , IMO , continue to trade at a silly discount to its NAV until 3 other things happen : 1) New CEO appointed who can regain market confidence 2) Klip is proven to be economic 3) Camafuca is monetized.

Regards

P.S. Just lurked the Stockhouse thread - they think we've lost it and are being unfairly negative. Well , they are right on one count ! ;-).