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Gold/Mining/Energy : RANDGOLD and EXPLORATION (RANGY)
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To: POLARBEAR who wrote (124)11/10/1998 9:11:00 AM
From: Gerald A. Lucker  Read Replies (1) of 448
 
Copied from KITCO, this one makes sense:

Date: Tue Nov 10 1998 08:07
Mike Stewart (Ranyd) ID#270253:
My take is that we had a 1 for 3 reverse split yesterday. Now the new RANYD can be converted into Randgold
Resources based on 7 shares plus $2.50 = 10 Randgold Resources. Randgold Resources will be listed on Nasdaq.
If Randgold Resources can hold it's recent price level in London ( $2.40 ) , the RANYD are a bargain.

This is my opinion only..totally unconfirmed.

Thanks Mike Stewart,

Jerry
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