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Gold/Mining/Energy : SOUTH AFRICAN MINING

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To: baystock who wrote (224)9/20/1998 5:02:00 PM
From: sea_urchin  Read Replies (1) of 472
 
Ram : They haven't a snowball's chance chance to get back ONE dollar --- the billion is simply a joke.

But, I'm sure someone, somewhere, will reflect the billion in a fantasy balance sheet in order to justify that the shares are worth $100 each. Or whatever.

But, you can never tell. Maybe Randgold will buy the company for $5 and then reflect the billion in its balance sheet!

A billion dollars US of new "assets" might cause the shares to move.
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