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Gold/Mining/Energy : RANDGOLD and EXPLORATION (RANGY) -- Ignore unavailable to you. Want to Upgrade?

To: POLARBEAR who wrote (124)11/10/1998 9:11:00 AM
From: Gerald A. Lucker  Read Replies (1) | Respond to of 448
 
Copied from KITCO, this one makes sense:

Date: Tue Nov 10 1998 08:07
Mike Stewart (Ranyd) ID#270253:
My take is that we had a 1 for 3 reverse split yesterday. Now the new RANYD can be converted into Randgold
Resources based on 7 shares plus $2.50 = 10 Randgold Resources. Randgold Resources will be listed on Nasdaq.
If Randgold Resources can hold it's recent price level in London ( $2.40 ) , the RANYD are a bargain.

This is my opinion only..totally unconfirmed.

Thanks Mike Stewart,

Jerry



To: POLARBEAR who wrote (124)11/10/1998 2:16:00 PM
From: Jon Matz  Respond to of 448
 
I'm assuming that your email address to Kathy Du Plessis was supposed to be typed in lower case letters. I did fire off a message a moment ago.

The stock price is down 34% from Friday's close, which by my best estimates was already approximately 50% below their cash value.

They certainly have my permission to cash out this turkey! I want my money back before they "manage" it lower!!!


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