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


To: Peter Bourgeois who wrote (3054)4/23/1999 2:16:00 PM
From: Gord Bolton  Respond to of 7235
 
Margin call crash alert on SUF. Pick up some cheapies! I told IR yesterday this would happen. We need updates. Apparently they need to hear from more of their investors.



To: Peter Bourgeois who wrote (3054)4/23/1999 2:18:00 PM
From: gemsearcher  Read Replies (1) | Respond to of 7235
 
$4.81 - $4.90. Looks like our seller is losing patience ; unfortunately, he may drag a few margin call sales with him. Let's hope he sells out today so we can look to a fresh beginning of the week.



To: Peter Bourgeois who wrote (3054)4/23/1999 2:34:00 PM
From: DIAMOND JIM  Read Replies (2) | Respond to of 7235
 
Hello all..well back to the land of penny stocks again today. The lack of news from the north seems to say nothing sig or material has been found at Munn or Margeret. A couple more NRs should get us to $4<lol>. I don't think more new NWT pipe announcements are going to do much for us during the next several months until CF or bulk results are known. My concern is that earnings will not meet expectations as they did last quarter - 60% below estimates,unfairly or not, is not treated well in this market. The new PGM deal, as already pointed out on the thread, will preclude some managers from holding the stock and maybe seen as "deworsification" by others with the focus shifting away from diamonds. Higher debts would also be in this picture.

Another M1 or similar deposit in SA in our producing project is needed this year to shoot the profits/revenues so high they can't be ignored. All the other blue sky projects are 2-4 years away from helping the bottom line. A very frustrating time for SUF and investors. Regards DJ.