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


To: sea_urchin who wrote (163)9/13/1998 11:57:00 PM
From: baystock  Read Replies (2) | Respond to of 472
 
Maybe they are having problems with their Syama mine upgrade. I think that was a risky project to start with, since BHP didn't find it attractive enough and sold it to Randgold Resources. And in this weak gold market a failure like that would be enough to sink the company.



To: sea_urchin who wrote (163)9/14/1998 12:45:00 AM
From: POLARBEAR  Read Replies (1) | Respond to of 472
 
Hi Searle,

From your chartist point of view, what was the RANGY chart like late last year when it hit 3/4 and then rose to over $2? At what point price-wise would you be bullish?

Sure I'd be more bullish seeing it rise to 1.5, but then buying at that level you've already missed a more than 100% gain. Just a thought, and always nice to hear from you since come from the land of the gold mines :) ! Also, thanks for the long-ago recommendation of Musashi's book. Omoshiroi, desho!

PB