SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : SOUTH AFRICAN MINING
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JS who wrote (140)9/11/1998 12:20:00 AM
From: POLARBEAR  Read Replies (2) of 472
 
J.S.

Rangy never has perfectly mirrored the POG. I too was disappointed at the action today, but have little concern about it overall. You'll drive yourself crazy watching such thinly traded stocks on a daily basis. I added nearly 30,000 shares to my portfolio this week. If you have Excel 97 let me know and I'll send you a rangy spreadsheet I made. You'll then understand where I'm coming from.

Also, there is a strong possibility that someone is dumping their rangy shares out of a dire need to raise cash for margin calls from other stocks.

I understand your frustration. All I can tell you is that the price of the stock (for now) is not the important thing until you are a very short term trader which I am not. The keys are such things as RR bringing Syama down to $210 and uping production to 270,000 a year. Then add in the heap leach mid next year at a cost of $130, and we'll be making some serious cash. Then add Morila within the next two years at $118 at some 200,000 ounces a year, and Rangy will be WAY north of $10....or at least that's my vote. I don't have any magical crystal ball that guarantees anything. I'm just basing my bet on the facts as I see them. I should have a rangy article done soon for Gold Eagle, but its 18 pages right now and needs some serious trimming. Best of Luck.

If you want that Excel 97 file, email me and I'll send it to ya. rangy@usa.net Best of luck. PB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News