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


To: EZbeliever who wrote (131)11/10/1998 5:32:00 PM
From: baystock  Respond to of 448
 
EZbeliever,

I am pleased in that I managed to double my position in the last 2 days.

I respectfully disagree with your statement that management stinks. But if you were to say that their investor relations stinks, I would have to agree with you. But we can take our pick, this unknown African stock with good fundamentals and poor IR or a Canadian junior gold with great IR but much inferior fundamentals.

I think if we were to look back on this fiasco 1-2 years from now, we would laugh it off as just a blip, unless you were one of those poor investors who thought they had a 50% profit on a 7 to 10 split and sold out. Also unless you are a trader it is probably best to stop following the day to day price movements since it will probable cause one to sell out just at the wrong moment.

Ram
PS. but if it had been a 7 for 10 stock split, I would have agreed with your statement about stupid management, since that would have been the first real indication to date.