TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: steve susko who wrote (29153)	4/25/2002 2:43:58 PM
From: aktony	Read Replies (1) of 59879

DROOY. Quarterly results today. Audio broadcast available on their website; drd.co.za Video will be ready later today. Liquidity of DRD exceeds value of all shares traded this quarter. Moving toward unhedged position. Less than 400,000 oz. hedged and intend to eliminate that at the end of the current quarter. Intend to double capex. Open pit mining of Golden Estates Reef begins next month. Debt fallen below 14%. Introduced profit sharing for employees. Will continue to listen.

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