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Gold/Mining/Energy : SOUTH AFRICAN MINING

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To: Wade who wrote (160)	9/13/1998 2:06:00 AM
From: POLARBEAR	of 472

Hi Wade, Rangy has sold all its Harmony as planned, but I believe still owns 60% of all the Harmony options, some 4+million. They have 7.5 million Durban shares. They are slowly selling off their holdings to unlock the discounted NAV, which runs around 50%! They plan to have only Durban and RR shares by the end of the year. I'll fill ya in on more later. Almost done with a new rangy web page I made. Should clear a lot of this up...otherwise a wasted weekend :) PB

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