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: Dale Schwartzenhauer who wrote (535)	6/30/2000 12:27:23 AM
From: baystock	Read Replies (1) of 851

The takeout of Battle Mountain and Goldfields by lower cost producers forces investors looking for leverage into the fewer remaining leveraged mines like DROOY and HGMCY. <<We feel an injustice has been done in Newmont buying out Battle Mountain for a mere 25% premium. This is highway robbery. The current shareholders of Battle Mountain have lost their leverage in the upcoming explosion in the gold market. We now have less mining companies available, which makes the leveraged companies still in business that much more valuable. Sell Battle Mountain and buy Durban Deep (DROOY), says VP precious metals Rich Radez -- and we agree. >> gold-eagle.com

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