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

To: POLARBEAR who wrote (353)	4/15/1999 11:40:00 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 448

<<Each US ADR is equal to 3 JSE shares.>> So an ADR is a different security than a Rangold SA shares. Right ? You are saying there are (3X14) some 42M shares of Rangold trading on the JSE. Should this not be added to the market cap ? If now, can you explain how the compensation between both exchanges ? Am very curious. <<The recovery cost on Morilla is an amazingly short 10 months.>> How do they get this... I count at least 14 months.

To: POLARBEAR who wrote (353)	4/15/1999 11:41:00 AM
From: Probart	Respond to of 448

<<For you current shareholders: anyone taking some profits now, or is this just the beginning of the move?>> I have an order in to sell 1/2 my position @ 4 1/4 this will give me a 125% return, never have been greedy.:-) If it does not get there that is ok, have plenty of time. Probart

To: POLARBEAR who wrote (353)	4/15/1999 11:01:00 PM
From: Bob Dobbs	Respond to of 448

PB and all: Kebble did say mid-99 for a consolidation of the pyramid and various US listings for RR etc, but that was assuming the JCI/CAM union was finalized by end of 1998 and that hasn't happened yet. I believe the very positive stock action is due to the Morila financing and the favourable press RR is getting. I'm in this stock for the long haul. Just based on valuation, for modest gold moves above $300, this could be a $20 stock. I'm a gold bull - the RANGY ship is barely off the launch pad! Bob