InvestorsHub Logo

FL

Followers 1
Posts 993
Boards Moderated 2
Alias Born 03/20/2004

FL

Re: FL post# 421

Wednesday, 10/06/2004 1:46:52 AM

Wednesday, October 06, 2004 1:46:52 AM

Post# of 2138
You asked roan about specific properties, but on RANGY and GOLD I just want to point out that they have much less to do with one another than before. RANGY has sold most of its interest in GOLD, while making various other plays like a gold/uranium play with Afrikander Lease. Nowadays just the names with "Randgold" are similar.

RANGY has declined terribly compared with GOLD which has itself declined until its recent recovery. You can see it in the RANGY/GOLD ratio chart included in my message shown above as "in reply to" of this message. After much fussing, I chose RANGY over GOLD. Ouch. I'm still keeping my RANGY now, gambling that whatever Bret Kebble's shortcomings are, they've been adequately discounted now in the lower-than-net-asset-valued RANGY. But I could be wrong again.

FL

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.