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Gold/Mining/Energy : SOUTH AFRICAN MINING
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To: JS who wrote (155)9/13/1998 5:26:00 PM
From: EZbeliever  Read Replies (2) of 472
 
If there are lots of JR's as undervalued, I havn't found them.

First of all I am 90% ears and 10% mouth. However, two way exchanges of information can be mutually beneficial. That is why
I mine discussion groups for bits of useful information, and provide
input where approprate.

I am not down on RANGY. Otherwise, I would not have bought a
bunch of shares the last two weeks. In fact, there are very few
companies that appear as undervalued as RANGY. The level of
production they have coming online should upgrade the company
to solid producer status. My concern is the lack of action during
a mini-rally. Especially with Poarbear shouting from the rooftops on
some forums that get a huge amount of exposure. Also, you would
think that DROOY would be lifitng RANGY by it's coatails. These facts along with fairly sedate trading volume make Me take a harder
look. There has got to be a reason, I just don't have a clue what it
is. Remember, for every entusiastic buyer dreaming of the good life there is a seller too!

I will be watching and listening. If everything checks out I plan to add to My position and take advantage of the price/value abboration.

As far as other undervalued companies with cash I referr to the first paragraph. A couple quick tips are: Silver Standard Resources SSRIF, and Golden Knight Resourses GKRVF. Both are run by a very capable mining executive named Robert Quartermain. Both have cash with little or no debt. A little research on your part from readily available sources should reveal some real value. I don't plan on selling either soon.

If you run across any future superstars would appreciate hearing about them.
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