GLDFY - Down 87% on no news!!! Good buying opportunity? Message Board

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Gold/Mining/Energy : GLDFY - Down 87% on no news!!! Good buying opportunity?

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To: Bill Fortune III who wrote (15)	5/8/1999 4:21:00 PM
From: baystock	Read Replies (1) of 20

I think GLDFY maybe an attractive investment at this stage. I've heard rumors that GLDFY is selling at a 40% discount to their NAV and that they have a plan to liquidate or unbundle the fund by the end of this year. The following link shows their various holdings: gfsa.co.za This link is a bit dated, since they have already unbundled GFL and New Wits and sold Zincor. The rumor is that they plan to end up with just their platinum mine and the cash left over after disposing their remaining assets. Can anyone confirm what GLDFY's intentions are for the next 1 year ? Ram

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