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.

Strategies & Market Trends : InvestRight - Short Term Trading St -- Ignore unavailable to you. Want to Upgrade?

To: mike mulhearn who wrote (368)	10/9/1998 6:59:00 PM
From: BozkurtD	Respond to of 939

Last week I mentioned a company called Southern Era.(SUF on TSE) They are diamond producers and currently working on a South African project called M1 as a joint venture with De Beers(40% SUF - 60% DeBeers). ---It used to be 20%SUF-20%Rangold and 60%DeBeers but SUF is buying out Rangold's share--- They have been officially producing since the beginning of September 1998. southernera.com Their figures are impressive. According to my calculations, they are bringing in over $200,000.00 US a day. They have no debt and it seems like they are buying out their partner Rangold for $9,600,000.00 US with only one month's production. They have 30,000,000 shares outstanding. Also they are a TSE 300 company. They are going to announce their 3rd quarter earnings within couple of weeks and these figures will be reflected in that report. I am expecting (and hoping) they will go over $10.00 CDN after that. I believe that this is an extremely undervalued stock. Regards Bozkurt