SOUTH AFRICAN MINING Message Board

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Gold/Mining/Energy : SOUTH AFRICAN MINING

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To: POLARBEAR who wrote (185)	9/15/1998 6:40:00 PM
From: Terry Rose	of 472

POLARBEAR, Very little has been mentioned on Rangy since I began receiving his newsletter. Several months ago it was part of a list of 25-50 stocks that his analyst recommended. I almost bought some Rangy two weeks ago after reading your very informative post on the alternate Kitco discussion thread. I held up when they sold their Harmony stock. If I could within reason have assurance that Rangy would keep their position in Durban Deep I would buy its stock in a heartbeat. The way I look at any newsletter is that they generate ideas and I agree they may have a conflict of interest especially when promoting a junior explorer. I invest in those companies that have a reasonable plan of survival for the next 18 months. I like the South Africa marginal mines since they are like a permanent out of the money call in the gold future's market. Good luck with Rangy. Terry,

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