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

To: Rocky510 who wrote (2703)	4/2/1999 1:44:00 PM
From: gemsearcher	Read Replies (1) \| Respond to of 7235

Hello all. Long time lurker and SUFferrer. IMHO, SUF's artificial market continues to punish (disproportionately)the share price for several reasons. Most of those - Angola and SA uncertainty, perceived limited Marsfontein resource etc. - have already been identified on this thread. I also feel that a deeper reason may be an overhang of the M1 fiasco - a sense in SUF's (I repeat) artificial market that they are waiting to be disappointed. While the 98 numbers were by any objective standard very good , the fact is that they were below (and in the case of EPS drastically below) what the great majority of analysts had most recently projected (i.e. TD,FM ). As we know , when the market punishes , it punishes with a disproportionate vengeance. As well the DB price book currently in effect is based on the uncertain market for diamonds that existed in the late part of last year - this will likely mean that M1 Q1 production will fetch a lower price. The Camafuca payment is due on the 20th , so that may be causing some trepidation as well. In any event , there continues to be a "show me - I'm from Missouri" sentiment surrounding the stock. I'm with Vaughn - find a pipe or two in the NWT and the institutions will be all over this one. Regards. gemsearcher.