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


To: maxed who wrote (5119)12/1/1999 8:02:00 AM
From: gemsearcher  Respond to of 7235
 
Hi Eddy.

You really are living dangerously posting the price of platinum that way. ;-)

I agree that SUF could go down again today. While I ceased to believe in the relevance of TA to SUF when Teevee shocked me with the revelation that SUF is not a large-cap cyclical , it is interesting to note just how effective a wall the 30 - day MA has been and how SUF may be heading to a triple bottom.

Now , if someone would please get the Minister a pen ...

I understand the Board is meeting in SA later this week to consider , among other things , next year's budget. Presumably , that determination would be predicated on a very good sense of the economics of the Leopard fissure , the likely financing requirements for the Messina acquisition and a preliminary assessment of the available options re Camafuca. As a result , I would guess we will get some news on at least Leopard and Messina next week.

If 2000 is Y2K , 1999 has been YUK for all of us SUFferers.

Regards.