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Pastimes : All Clowns Must Be Destroyed
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To: Efthymios H. Zacharias who wrote (31254)5/4/2000 5:02:00 PM
From: pater tenebrarum  Read Replies (1) of 42523
 
the reason is that DROOY needs a bigger move in the PoG. it really only becomes interesting from an earnings potential standpoint when the PoG looks like it can stay above say 300 for a while. the current PoG is not enough to move DROOY. when there's an incipient move in gold, the lower cost producers are always the first to rally...the marginals get bought later, but then tend to rally much faster.
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