Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: POLARBEAR who wrote (243)	2/10/1999 2:38:00 PM
From: baystock	Respond to of 448

Hi PB, RR is down around 10% today to $3.80. And yes, I do believe it is undervalued, though obviously this undervaluation has been significantly reduced by the move of the last 2 weeks. I think it should be selling for over $10 when Morilla comes on line in 2 years, if POG is still around $300. So somewhere between now and then the gap should close. There is at least another $5 more upside if POG goes back over $350 before then. Also did you notice how DROOY share price dropped just before and during RR's dramatic price increase. My take is that the Kebble/Blanchard insiders gang have been selling some DROOY to load up on RR. Ram