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: RagTimeBand who wrote (321)	3/19/1999 11:19:00 PM
From: POLARBEAR	Read Replies (1) \| Respond to of 448

Emory, Thanks. I read the original at Kitco and have been giving it some thought. I own both and would like to see this happen, but Kebble himself strongly denied this being in the works. I think more likely we'll see the often mentioned JCI angle worked. I'm guessing this Kitco post was one investor's guess, but who knows...maybe he knows something we don't. I've also heard rumors of Harmony being interested. Rumors, rumors, rumors.... Its nice to see the volume up and staying up....even higher than Durban, and factoring in the 1 for 3 reverse split, its really much higher. The word on Morila continues to spread, and has been covered recently in several articles. It is a given that Morila is a stunning find. The concern I continue to have, as many do, is buying into Morila via RANGY, with all the uncertainty there. BUT, with such a staggering discrepancy between NAV and current price, its hard to resist. If Kebble keeps his word and gets RR listed on an American exchange soon, I bet we'd see a significant appreciation over current London levels. I'm sure JS will have something to say about this, but after taking a much needed vacation from the constant concern of what will happen to rangy via JCI etc, during which time I rechecked as much info as I could, I've repurchased a good chunk of RANGY this past week. Of course it is frustrating to buy it back at a higher price than I sold it, but that's part of the game. The stock I was in during my rangy vacation made some gains, so it wasn't too painful. As I may have mentioned before, in December I had a huge percentage of my portfolio in RANGY. Now that the price has doubled from those levels, I'm not prepared to take such a risk with all the loot, but am comfortable owning a reasonable amount, although nothing like December's levels. Here's a good link for checking RRS's price in London: hemscott.com