RANDGOLD and EXPLORATION (RANGY) Message Board

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

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To: POLARBEAR who wrote (353)	4/15/1999 11:40:00 AM
From: Claude Cormier	Read Replies (2) of 448

<<Each US ADR is equal to 3 JSE shares.>> So an ADR is a different security than a Rangold SA shares. Right ? You are saying there are (3X14) some 42M shares of Rangold trading on the JSE. Should this not be added to the market cap ? If now, can you explain how the compensation between both exchanges ? Am very curious. <<The recovery cost on Morilla is an amazingly short 10 months.>> How do they get this... I count at least 14 months.

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