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


To: Goalie who wrote (605)1/22/1998 5:49:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 7235
 
Hello Laz

Good post. One other point perhaps worth mentioning. When the plant is up and running it will be earning revenue in US $ which in Canadian $ terms keeps appreciating. If SMK set a target price of $20 Canadian for one year and $43 for three years, one has to factor either those projected share prices into US$'s or SUF's revenues into Canadian $'s and see how that should impact/appreciate the share values.

In other words, as the Canadian $ falls SUF shares should increase proportionally perhaps even more than proportionally.

Food for thought.

Regards