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


To: POLARBEAR who wrote (134)11/11/1998 6:04:00 PM
From: sea_urchin  Respond to of 448
 
PB: The gist of my admonition was that, in my opinion, any benefit which Randgold etc shareholders hoped to achieve was totally at the pleasure of management --- presumably Mr Kebble.

This would effect (a) the valuations of most of the assets (b) the valuations of the shares in any proposed deal. And clearly, a variety of "deals" was on the horizon.

Frankly, and I'm not short (in fact I haven't been taking an interest in Randgold lately), I think the 1 for 3 reverse split, without telling shareholders, is more than a joke. In fact, I think it's disgraceful. But, associated with the fall in value of the shares, it's disgusting.

You do your best to promote the company and expound on its virtues and they slap you down. You, trying to re-instill confidence, say it's a PR snafu, prior to profits coming along, but I can see others are "tearing their hair out" watching the value of their holdings diminishing simply as result of share manipulation, or whatever, by the company.

As I said, commenting on an apparently rising share price at the time, "I hope the dog doesn't wake up and bite you!" My sentiment still stands.



To: POLARBEAR who wrote (134)11/11/1998 6:42:00 PM
From: EZbeliever  Read Replies (2) | Respond to of 448
 
Polarbear ..... " It's not the critic who counts:

Not the man who points out how the strong man stumbled, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs and comes short again and again; who knows the great entusiasms, the great devotions; who spends himself in a worthy cause; who, at the best,
knows in the end the triumph of high achievement, and who at the
worst, if he fails, at least fails while daring greatly, so that his place
shall never be with those timid souls who know neither victory or
defeat".

EZ