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


To: Peter Bourgeois who wrote (2203)11/20/1998 9:26:00 AM
From: Peter Bourgeois  Read Replies (1) | Respond to of 7235
 
Hi all!

Golden Girl has posted the highlights of a TD report she received yesterday. 12 months target $12.00.

You can view it at (in the loop).

On the subject of the TSE 300, I listened in the other day on a discussion going on with a reporter and one of the TSE big wigs. He seemed to indicate that S&P and the TSE wanted to reduce the resource component of the 300 to better mirror Canada's diversity. That could mean that mining companies will take a hit.

The upside is that if SUF remains part of the new 300 it will have a very positive impact on the stock. The downside???????

I am very concerned as well about this deal. I do not understand why SUF did not try for a JV instead of a buy-out. Maybe they did and it was turned down, who knows.

I suspect that we must be getting close to a YEA or NAY on this takeover.

Cheers !!! Peter