SOUTH AFRICAN MINING Message Board

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Gold/Mining/Energy : SOUTH AFRICAN MINING

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To: sea_urchin who wrote (225)	9/20/1998 5:58:00 PM
From: baystock	of 472

<< But, you can never tell. Maybe Randgold will buy the company for $5 and then reflect the billion in its balance sheet! A billion dollars US of new "assets" might cause the shares to move.>> I couldn't care less whether RANGY shares move up or not in the short term. What I do care is that their NAV keeps increasing (and not by gimmickry) or they generate cash flow that would justify a $5 share price. Then the share price will follow, eventually.

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