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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (20348)12/28/2004 4:29:34 PM
From: Dale Baker  Read Replies (1) | Respond to of 78594
 
I really don't follow the miners much. BEE is not the problem; that usually involves selling a minority of assets to a black empowerment group with bank financing. Most big companies in South Africa go up after announcing their BEE plan (look at NPSN recently).

Precious metals and miners just don't interest me, I'm afraid. I have a nice stake in EZA, the IShare for the Jo'burg stock exchange that I plan to hold long-term. A lot more going on down here than just mining.



To: Spekulatius who wrote (20348)12/28/2004 7:45:02 PM
From: Madharry  Respond to of 78594
 
FWIW there was a long time website that covered Rangy and it stopped covering it in the past 3 months. The reasons given were that they were suspicious of the organizational structure, and management. Also the company purchased an equity interest in another company in exchange for its own shares and that company is selling shares . Thats my recollection.


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