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


To: POLARBEAR who wrote (185)9/15/1998 6:40:00 PM
From: Terry Rose  Respond to of 472
 
POLARBEAR, Very little has been mentioned on Rangy since I began receiving his newsletter. Several months ago it was part of a list of 25-50 stocks that his analyst recommended.

I almost bought some Rangy two weeks ago after reading your very informative post on the alternate Kitco discussion thread. I held up when they sold their Harmony stock. If I could within reason have assurance that Rangy would keep their position in Durban Deep I would buy its stock in a heartbeat.

The way I look at any newsletter is that they generate ideas and I agree they may have a conflict of interest especially when promoting a junior explorer. I invest in those companies that have a reasonable plan of survival for the next 18 months. I like the South Africa marginal mines since they are like a permanent out of the money call in the gold future's market.

Good luck with Rangy.

Terry,



To: POLARBEAR who wrote (185)9/18/1998 4:01:00 PM
From: baystock  Respond to of 472
 
<<I was told many months ago that he was planning to cover RANGY in an upcoming issue.>>

I first heard of RANGY from Blanchard's newsletter a few years ago, when it was his number one pick along with DROOY. So I won't be surprised at all to see him recommend it again, probably after he and his gang have unloaded DROOY as it runs up and then repositioned themselves into RANGY. Even though Blanchard is a very savy individual, I also stopped subscribing to his newsletter for similar reasons. I felt his newsletter is just a front for promoting his other businesses, including frontrunning his recommendations. The same goes for Rick Rule, Doug Casey, etc.

Ram