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

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To: Jack of All Trades who wrote (715)5/23/2002 1:02:29 PM
From: Bruce A. Thompson  Read Replies (1) of 851
 
DROOY ROAD MAP



$300 gold
1.05 mill oz/yr times (300 - 2205/11.5) x .7 /188
= $0.42/share Ö at 10 P/E values DROOY at $4.20

10 PE 15 PE 25 PE
$316 gold = $4.85 $7.28
$320 gold = $5.01 $7.51
$325 gold = $5.21 $7.81 $13.02
$340 gold = $5.80 $8.70 $14.50
$350 gold = $6.18 $9.27 $15.45
$375 gold = $7.16 $10.74 $17.90
$385 gold = $7.55 $11.33 $18.87
$400 gold = $8.14 $12.21 $30.52
$425 gold = $9.12 $13.68 $34.20
$450 gold = $10.09 $15.13 $37.82
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