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


To: maxed who wrote (3517)6/2/1999 9:21:00 AM
From: Gord Bolton  Read Replies (1) | Respond to of 7235
 
Good morning sufferers.
Every dog will have it's day. I hope that today will be SUF's day.
A peaceful South Africa Election, an update on exploration and production, and CJ speaking in New York may take us back to $7.00 or $8.00 and maybe it will hold there. Good luck everybody.



To: maxed who wrote (3517)6/2/1999 10:59:00 AM
From: Confluence  Read Replies (2) | Respond to of 7235
 
Hello Eddy and Gord,

I'd agree that a positive election result would be beneficial to SUF, although I'm not sure that it would impact share prices. As the buyers from First Mary seem to have disappeared, the lack of buying/liquidity has allowed the price to slide.

News on things like production and exploration in RSA would be welcome to those that read the recent slide in price as a sign that "something is wrong". I've heard the throughput at Marsfontein is over 2000 tonnes per day with the newly installed re-crusher/crusher thing working very well.

It sure would be nice to hear something positive about SUF, especially going into the Annual Meeting, where some concerned shareholders are likely to voice their opinions.

Best Luck

Confluence

PS Gord, I don't think CJ speaking to an audience will have much impact. This type of communication hasn't done much over the years. Perhaps direct, individual contact with institutions, analysts, fund managers, shareholders, etc. would accomplish more. Somebody at SUF needs to get "in the face" of investors and tell about the earnings, the upside production potential, the wonderful platinum story, the potential at Camafuca, the potential in Brazil, and even about the NWT. Not the geology of the situation, but rather how SUF is going to earn money for shareholders so they might reasonably expect the share price to move higher. A simple message.