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Gold/Mining/Energy : SOUTH AFRICAN MINING

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To: sea_urchin who wrote (238)9/22/1998 4:04:00 PM
From: .Trev  Read Replies (1) of 472
 
Let's face it "if it were easy someone else would have done it already"

It was a wise man who said in response to a question " If more people want to buy than want to sell the price will go up and vicky verky... and if it doesn't go up or down it will stay where it is"

The other thing that lots of us fail to keep in mind is that VOL and its relationship to price are much more important than price alone. I know Joe Granville fell somewhat into disfavour but his " On Balance Volume" concept is worth reading about. But it's lots of work to keep track of.

De Beers sister co Anglo gold, and Goldfields are reputed to be moving assets, & plans to far off places (other than Africa I mean)
Maybe that is what's afoot with Rangy too. Just a guess.

Best to all and don't forget to work hard at the DD

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