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Gold/Mining/Energy : RANDGOLD and EXPLORATION (RANGY)

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To: baystock who wrote (344)4/14/1999 11:37:00 PM
From: Dan P   of 448
 
Ram:

Well, so far it was a rally of about 3 days duration. Whether
it goes beyond that, we'll see. Today, of course, gold fizzled,
and so did the stocks. Actually, Minorco, Rangy, and Agnico Eagle
have done fairly well. Marantette had a buy on gold stocks as of
last Friday, and I acted on it, but sold all today ( major producers
only).. I don't think we are quite there yet with gold, and I
guess I'll wait until we see some major moves, e.g. $4-5 moves
two or three days in a row, before we can really believe it.

Rangy is in a class by itself, now, ignoring totally the lack of
any gold price movement.

Uranium interests me a lot more than gold right now, and I am very
keen on USEG. Cameco also looks intriguing.

Cheers

Dan
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