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: loantech who wrote (788)	8/11/2004 11:16:24 PM
From: sammaster	Read Replies (1) of 851

seems like it would be.... everything going the wrong way for drooy right now... but once they shut down next unprofitable mine it will become more profitable again... also with more of its production in lost cost australasia, even if south africa is break even then earnings will soar... not sure we can count on dollar to stop weakening: south africa must be keeping its currency propped up by having high interest rates and thus reduce cost of imports so inflation stays down... however SA's economy is based on natural resource exports so at some point this will backfire and cause a worsening economy I would think...

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