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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (2650)	12/30/2005 12:15:29 PM
From: aknahow	Read Replies (1) \| Respond to of 78410

BTW interesting post on Yahoo AGT board showing RAB holds about 14% of Apollo. Apparently purchased recently. Google search on RAB is worthwhile. While I own a large block of AGT I have never recommended it as it is very high risk. Could be delisted and could go BK. This cut and paste is more about RAB. Google search will show some/many of the resource companies they are involved with. Am using a public computer which won't let me access www.pinksheets.com because the sheets might be dirty??? The Sunday Times - Business The Times May 02, 2005 Fund plans to stop novices buying its shares By Patrick Hosking A HEDGE fund that is about to float on the stock market will reserve the right to buy out unsophisticated shareholders. RAB Special Situations Company, which is effectively a listed hedge fund, also intends to write to new investors warning them of the risks. “We want to ensure that people who invest in our strategy have a proper understanding of the risks,” said Michael Alen-Buckley, chairman of RAB Capital, which manages the £100 million fund. “This has been put in as a safeguard,” he said, adding that it had not been decided under what circumstances inexperienced shareholders would be forced to sell. Philosophically, he said, he wanted hedge funds to be available to as wide a portion of investors as possible. “But we want to stay well within the rules that exist,” he said. A spokeswoman for the new company said the power would be used only in extreme circumstances and was legal. The company will be a listed closed-end investment company run in tandem with RAB’s successful existing hedge fund, RAB Special Situations. The two investment pots will be pooled in a master fund, so that both vehicles will be invested in the same way. RAB Special Situations, managed by Philip Richards, made a fortune buying early into the mining and resources boom two years ago. It has produced a return of more than 2,500 per cent since January 1 2003, although it has lost some money in the past few weeks because of the weakness in the sector. Investors in the initial offering will be required to make a minimum investment of £25,000, but once listed, nothing can stop investors buying smaller share parcels. It will join a trio of UK listed hedge funds managed under the Dexion umbrella. Hedge funds have traditionally been the domaine of sophisticated investors, requiring an investment of £100,000. But Merrill Lynch is close to launching a unit trust with hedge fund characteristics to investors paying in just £250 a month.