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

To: don jackson who wrote (2793)	4/8/1999 9:00:00 AM
From: MNorth	Read Replies (1) \| Respond to of 7235

IMHO re: buy back and low share price. What may be causing some skepticism (polotics in Angola and S.A.) is completely our of our hands anyway. SUF, as we all know and has been stated on this thread, has incredible things going for it. A buy back of shares to push the price to say 8 bucks is a waste of SUF's time and money that could be spent exploring or developing. Personally I'm in it for a hell of a lot more than 8 bucks and am very confident of at least a triple from here in reasonably short term. A quick short increase in share price would benefit "day traders" who would then make a buck at the (time and money) expense of SUF. This is obviously their right but in my view part of the problem, not the solution and long term won't matter anyway. They will probably just miss the big waters jumping ship to make their little profit. The one benefit as has been stated earlier is creation of profit for SUF from this share price to higher price. However they may better spend their time creating value mining and exploring. Bottom line is SUF is cheap now, cheap at 8 bucks and at 20 bucks we'll be wondering what all the fuss was about. Sincerely, MNorth