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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Gord Bolton who wrote (6948)8/27/2002 11:16:23 AM
From: The Osprey  Read Replies (1) of 7235
 
Thanks for posting that Gord.I like this and that bankable feasibility explains why this is so undervalued.Got to go play golf shortly but if one takes the discounted numbers by SUF's interest and potential cash flows from production on Messina alone and use a factor of 8 X Cash flows for price target.....welll you get the picture.This is way undervalued.The other interests are supplementary to Messina which brought me to the table in the first place.

Regards,
The Osprey
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