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

To: .Trev who wrote (2337)	1/7/1999 9:45:00 PM
From: PHILLIP FLOTOW	Read Replies (1) \| Respond to of 7235

Trev, I didn't have time to comment on the RTP/Kennecott stock "transfer" at the time, but I will now. While I'm not familiar with RTP's plans, I do know that a rumor of a sale of the SUF stake had been around for a few months. Rumors usually have some elements of truth, but there is no telling how distorted it is when it reaches my ears. Some of the Bay Street boys may have thought that a sale would take place in the open market. Now that that has been put to rest, maybe we'll see SUF at a more reasonable multiple to earnings. PHIL