GREY:OLEPF - Post by User
Comment by
Goldfatheron Jun 27, 2012 12:21pm
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Post# 20059788
RE: Randgold is my pick as far as a major....
RE: Randgold is my pick as far as a major.... Just the Mention of Rangold is a wonderful breath of fresh air here. With a hi sp of $120 and now at maybe $89-. I think they only have 80 mil shareholders ( ole would have $350 mil w/ the saudis). They are a First Class Co. I have heard they only grow Organically, and buy cheap. Dont know if they consider $800 mil cheap, as the sp is irrelevant. They could write the Saudis a check, and issue shares for the rest of us. Whats that?... a 45/1 stock swap @ $2. ? Rangold would only issue another 3-4 mil shares to cover the $360 mil ( our 45%)... a dream come true ! They could have a big Carrot to entice Chet and shareholders on the future of their sp. He'd take $700 mil from rangold w/ the furture value of theyre sp. $800 mil is $2.09, and $700 mil is 1.89. jmo.