If I was a FMR trader, I would be loading up on DROOY today....FMR already has taken up a toe wetting position, and today provides them with a great opportunity...Do your Math on this one..I usually don't do fundamental studies, but if I have it figured correctly, if the POG can stay around 300, DROOY will end up having a 10PE, with a 4.25 share price...So at 2.30, this is a deal looking one year out...
Further,what people aren't realizing is that Wood has his people in place...Wood has been making the necessary changes in DROOY, and getting rid of the chaff.....Yes, he makes good money, but if he can bring integrity back to the company, and regain fund interest like FMR, he is on the right track for his shareholders...The price of gold, and DROOY's reserves has not changed since yesterday..This is indeed a wonderful buying opportunity... |
