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Gold/Mining/Energy : SOUTH AFRICAN MINING -- Ignore unavailable to you. Want to Upgrade?

To: POLARBEAR who wrote (145)	9/11/1998 1:57:00 AM
From: Bob Dobbs	Read Replies (2) \| Respond to of 472

I was at the Las Vegas Gold show recently and asked around about Rangy because I am a large fan and enthusiastic stock holder. Rangy is not widely followed among analysts in the states, however Rick Rule had an opinion that their operating costs look suspiciously large. He also questioned their funding strategy. I concurred with him that selling off shares of Harmony and/or Durban was questionable. Especially in light of Durban's recent positive news and, as your well researched figures indicate, exceptional leverage and upside potential, I question whether any further stock holding sales would be beneficial. I too am concerned, as others on the thread, of the future unbundling. Thanks for your continued good work.

To: POLARBEAR who wrote (145)	9/11/1998 8:27:00 AM
From: JS	Read Replies (1) \| Respond to of 472

Sorry Polarbear, but I don't buy it. I bought into Rangy after reading your first article in Gold-Eagle, early in '98. You put forth a very convincing argument at the time and based on that article I bought into this stock. But it just has not performed like other stocks that I bought into at that time (DROOY, Harmony, Anglogold, etc.). You're right about one thing, it acts like a junior stock and should be treated as such. If it's a junior, then there's lots of competition out there! Nonetheless, I will read your next article and reevaluate the picture. Regards,