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


To: gemsearcher who wrote (2940)4/15/1999 5:46:00 PM
From: Claude Cormier  Respond to of 7235
 
<<What I can't get over is that this deal is cash flow additive in 18 months AND the rest of Klipspringer/Marsfontein , NWT , Camafuca and Brazil news is yet to come! Amazing.>>

Just to add to your very true remark, there are a few precious metal miners that are producing 100,000-150,000 ounces of gold per year. Very few have the kind of long term resources SUF is acquiring from Implats. Still, most of them are trading at marklet caps slightly above $100M....and I find many of them undervalued.

I say that this PGM acquisition is worth $5 per share or the current stock price if the feasibility is positive and the deal is signed.

IOW, we get the rest of Klipspringer/Marsfontein , NWT , Camafuca and Brazil FOR FREE!!!

CC