SOUTH AFRICAN MINING Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sea_urchin who wrote (348)	12/22/1998 7:22:00 PM
From: baystock	Read Replies (2) of 472

Would you happen to know what the market cap of Randgold is currently. Their 9 month financials show the number of ordinary shares outstanding as just under 100 million. Yahoo shows around 50 million ADRS outstanding and a market cap of $1 billion. Does this sound right to you ? It seems awfully cheap for a company producing 7 million oz per year. Also would you happen to know if there was any share dilution resulting from the Minorco purchase ? Ram

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next