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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (11199)	5/20/2003 1:38:02 PM
From: russwinter	Read Replies (1) \| Respond to of 39344

In SUF's case once again we have a market problem. Notice the volume on this decline from $6.00: new.stockwatch.com That's neglect, not selling. Incredibly this stock is being totally ignored by people whose job it should be to cover it. All the more remarkable because here we have company WHO HAS ALREADY BUILT A MINE. Yet the US $ mkt cap @ 5.10 is $232m, of which 36m is cash. They will generate 47m in CF in 2004, then when phase II comes on line in 2005 a total of about 82m CF by my calc. So you're selling at 2.4X EV/CF in 2005. Little wonder that I think this could be a 3-4 bagger. Still where's the market? SUF needs to get away from Canada. Mining finance and public trading is a farce up there.