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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: loantech who wrote (25375)11/15/2006 9:14:21 PM
From: marcos  Read Replies (1) of 78410
 
van.v - ' Shares of Vangold have suffered due to RAB Capital selling shares they had taken in an earlier private placement at C$0.20. While they are taking their profit the stock is having
trouble keeping up in this slow market.

Vangold is a puzzling situation. I am frustrated that our share price has not taken off with the oil and gas revenue. If the market is not going to reward Vangold for this oil and gas revenue then company CEO Dal Brynelsen should split the companies apart so shareholders can get the value they deserve. Vangold shareholders would then have shares in both
companies and the oil industry would give fair value to this revenue.

I believe the share price will recover once RAB is done selling. We should also see some further upside as the market recovers and Vangold comes out with 2007 drilling plans for
the Papua, New Guinea properties.

For now I am keeping Vangold as a STRONG BUY.'

miningspeculator.com

What i'd like to know is, how many shares do RAB have left ... likely will call Mr B in a few weeks and ask, if this action keeps up ... their JV partner ngg.v has been pulling some nice intersections on the PNG properties, and the beryllium projects sound interesting, probably not worth much to Ms Market though ... it's an odd sort of an agglomeration of a company, spinning off the o&g would make it a little less so ... i'm in at just under this level a year ago, likely will add some before end of year
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