RANDGOLD and EXPLORATION (RANGY) Message Board

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

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To: Claude Cormier who wrote (352)	4/15/1999 11:26:00 AM
From: POLARBEAR	Read Replies (3) of 448

Hi Claude, Each US ADR is equal to 3 JSE shares. There's a lot of good info on this page: randgold.co.za I doubt we'll see any shares issued to fund Morila. The recovery cost on Morilla is an amazingly short 10 months. I laugh at other companies bragging how great their deposit is when they show they'll recover cap. ex. in 3 years... For you current shareholders: anyone taking some profits now, or is this just the beginning of the move? Also, I wonder what is really causing this rise, as RR on the London hasn't traded much at all. I wonder why the heck they ever listed RR there in the first place. Kebble told us many moons ago that they were going to list RR on a US exchange. I recall him saying mid-99. PB

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