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

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To: Netnut7 who started this subject3/15/2002 6:14:05 PM
From: peterhamilton  Read Replies (1) of 851
 
I've also bought more DROOY

I've made great money with DROOY. I bought at an average of 1.18, and it's now at $2.40 (after retreating). It seems to have found good support at around 2.40, so I bought more this past week, in excess 5,000 shares. It seems DROOY is the first stock that anyone mentions when considering LEVERAGED exposure. I think that with the next big up move in the gold price, the day traders will try to drive DROOY up to $4 or $5 (near term). Watch how Golden Star (GSRSF.OB) trades. I sold my Golden Star a long time ago, but I marvel at how it takes off when buyers come in.

Remember that Durban Deep will have completely restructured their hedge book by this summer.
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