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

To: gemsearcher who wrote (5836)	3/16/2000 3:54:00 PM
From: choyhoy	Respond to of 7235

Burning down the house. . . .? eom

To: gemsearcher who wrote (5836)	3/16/2000 3:57:00 PM
From: baystock	Read Replies (2) \| Respond to of 7235

Something just doesn't add up. The following exerpt from their news release is contradictory. They themselves acknowledge that Toronto is the mining finance capital for North America, including the U.S. So their justification for moving to Denver just doesn't wash. It sounds like they are hiding something. Maybe they are planning to use this as an excuse to take some large writeoffs: <<``Regarding relocating the management headquarters to Denver, Colorado, the reasons are two fold; the Company wants to increase its presence in the United States to better access the huge pool of capital located there, and our operating expenses will be significantly less. We will increase our presence in the U.S. by seeking a listing on a U.S. equity exchange and by having a management presence in the United States. Although Toronto is recognized as the mine finance center of Canada and North America, Denver, Colorado also has a strong mining community and is the mining center of the United States,' he concluded.>>

To: gemsearcher who wrote (5836)	3/16/2000 4:05:00 PM
From: russet	Read Replies (1) \| Respond to of 7235

Good moves,...management is getting younger and more aggressive. Now they should put their money where their mouth is, and buy some stock.