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


To: Letmebe Frank who wrote (6871)5/13/2002 5:21:07 PM
From: Letmebe Frank  Read Replies (1) | Respond to of 7235
 
Its too bad all the good stuff on SUF is over on Stockhouse. Well, its one of the better forums over there...

stockhouse.com

EXCERPTS:

Now that someone has posted that the two directors that were formerly with Greenstone will not run for re-election of the board, some of the recent events in the company become more clear. As a shareholder of the SouthernEra I would like to thank Rudi Fronk for the work that he has done to make my investment worth alot more. However some instutions and brokerage houses did not feel comfortable that these two men were associated with SouthernEra, and would not cover the company for thier investors. New coverage will begin after the AGM and hence the IR person was hired. For those investors that have been alittle sea sick from the choppy share price in the last couple of years, relax your ship will be sailing into port in the near future.

We're now seeing a 'double top' breakout on good volume. There really doesn't seem to be any major 'resistance' to the upside until the stock hits about $8.50 and after that $9.00. Once it goes through those areas, it's blue sky.
That could take a little time, but the direction is clearly 'UP' as longer-term technicals are ringing in with new BUY signals. Stock looks very strong here. Not a good idea to short a stock like this and anyone short will need to cover or risk losing the farm.