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


To: Peter Bourgeois who wrote (1902)8/13/1998 2:53:00 PM
From: Peter Bourgeois  Read Replies (1) | Respond to of 7235
 
Hi all!

First Marathon Securities now rates SUF a speculative buy. This is an article from the Investors Digest which I just received.

Much of what is in the article we already know. They do not discuss the overburden at M1. They also do not place a dollar value on the stock.

If some of you missed it in earlier posts, the mining costs for M1 are estimated to be $25 per tonne. I assume that is in US dollars.

Investors Digest has a fairly wide distribution base, I guess we will see if the article and First Marathon do anything for the share price in the coming days.

Cheers !!! Peter