DROOY Durban Deep- Best S. African Mine Message Board

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Gold/Mining/Energy : DROOY Durban Deep- Best S. African Mine

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To: Rarebird who wrote (224)	8/24/1999 8:54:00 PM
From: baystock	Read Replies (1) of 851

I couldn't agree with you more about this stock being a big winner in the future, provided we have a decent move in the XAU. DROOY now after the recent Harties mine purchase is reminding me of RANGY early this year after the news was released on their Morilla deposit being much larger in size. There was many days delay between the news being release and the market pricing it into the share price. IMHO this DROOY acquisition is a similarly significant event which is not yet fully priced in. But in this case we may also need a rally in the XAU to provide the trigger for this repricing. I think in the current bearish environment for PM stocks this very significant acquisition of a marginal mine is being ignored.

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