SI
SI
discoversearch

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


To: Confluence who wrote (2343)1/8/1999 10:20:00 AM
From: GEORGES  Read Replies (1) | Respond to of 7235
 
Confluence, I agree.
Everytime we heard news from Angola, SUF shares declined only because the perception of the market is that SUF is a big player in Angola. This is far from reality as most of the earnings are coming from South Africa.
I am still looking for CFS of $3.00 in 1999 and we will exit the year with close to $100MM in cash.If these results came from operations in Canada, SUF would be trading at $20.00. Closing that mine in Angola eliminates one of the big negatives that have been hurting the price of our shares.