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

To: GEORGES who wrote (5137)	12/3/1999 11:32:00 AM
From: russet	Respond to of 7235

Tax loss selling season in full swing and lack of an NR on Messina will unsettle the market. Being in many of these POS's, both in mining, tech and medicine,...I realize that missing deadlines and bumbling around now and then, is normal procedure for them all. In the end, there is only a couple of things you hang your cage on. One is managements ability to pick projects and bring them on stream. The other is the projects fundamentals. If we believe managements preliminary numbers (both indicate profitability) on both Messina and Klipspringer, we are in a "hurry up and wait" mode at the moment, until they get their final act together. The only thing that keeps me holding on, is managements' comments and analysis on both projects which is all we have to go on at the present time. We know the diamonds are there, we've seen lots of them. We know the PGM's are there thanks to the pre-feasibility study by Implats. All we wait for is how much money they will make per year. As I type this, SUF has been rattling the cage. Up to $2.15 now. Yeeeeeehhhhaaaaawwww,...we may finally be on our way. Squished hamster thoughts.