Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Letmebe Frank who wrote (7194)	11/24/2004 2:47:59 PM
From: VAUGHN	Read Replies (1) \| Respond to of 7235

Hello Frank Few SPC projections have materialized as initially outlined due it would appear to combinations of Rand appreciation, US$ depreciation, PGM price stagnation, strikes, RSA politics, mining methods, geological obstacles, etc. etc. Until management demonstrates several quarters of achieving bottom line results, I can't get excited about share potential. The market has treated this company like an unwanted relative ever since the DeBeers problems six years ago and I don't see anything in the near future that is going to alter the market's psychology hence support. Sorry. SDM on the other hand appears to be in the process of crawling out from under that millstone but I suspect real appreciation will still require good news on 1st world not 3rd world exploration plays, and none has been observed as yet. Having said that, company officials were up here the other day for the NWT Geosciences Forum and I concluded our brief discussion with some optimism for long term prospects. Good luck. V