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


To: Confluence who wrote (2629)3/29/1999 12:29:00 PM
From: DIAMOND JIM  Respond to of 7235
 
Hello Confluence
The tape (FM) continues to erode the price this morning. The charts are very bearish and I think that is making the stock unattractive to a lot of people. This is troubling..despite high production and earnings as reflected in last NR, the price has continued to fall. Fundamentals are not working here. Some other factors must be at play. SA concerns as expressed by Vaughn make sense. The upcoming elections also are a concern-the strength of the communists there is quite persistent. We are approaching levels at which the M1 was in the courts. Patience may be a virtue but FM may want these shares at $5 or less. Regards DJ



To: Confluence who wrote (2629)3/29/1999 12:33:00 PM
From: russet  Read Replies (1) | Respond to of 7235
 
Confluence,... I think if SUF gave us regular NR updates on exploration on the South African properties,... like CJ does in his public speeches,....the shareprice would climb. Alas, all we get is NR's on the chase for the elusive pipes in NWT, and Golden Rule court fights,...when we have diamonds coming out of our yingyang in SA. Brokers don't seem to know that SUF has more than a few years supply of diamonds in SA.

The market needs frequency and recency of NR's to get the picture through all the .com flack.

Now where did those shares offered at $6.25 go?

russett,