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Gold/Mining/Energy : Madison Enterprise, MNP/VSE

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To: Roberth who wrote (50)5/21/1997 11:39:00 AM
From: Bazman   of 285
 
2 companies listed on the Australian Stock Exchange are JV's with Madison. They are Carpenter Pacific ( CPC + CPCOB ) and Ramsgate ( RGR + RGRO ).

Strangely enough, these stoclks, especially CPC/CPCOB, have had larger increases than Madison although they have more shares on issue and have less % of the pie than MNP.

I've struggled to come to terms with the fact that the AUST shares have risen whilst MNP has steadily slipped in value. Is it Bre-X?

Today ( WEDS ), both AUST stocks have gone up.
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