SOUTH AFRICAN MINING Message Board

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Gold/Mining/Energy : SOUTH AFRICAN MINING

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To: EZbeliever who wrote (179)	9/15/1998 4:50:00 PM
From: Terry Rose	Read Replies (2) of 472

EZbeliever, Jim Blanchard has had a buy recommendation on Durban Deep since October 1997. His latest issue was more of an update. His buy recommendation has been anytime DROOY is under 2.50$ a share. He has stated that this is the stock to own if one is a gold bull due to the high leverage to gold's price. I was also surprised at its movement today. Maybe they announced their earnings which are projected to be up 300% this quarter due to the rand's devaluation to the dollar. I personally like his newsletter and will continue to subscribe to it. He has some good insights into the market and preaches patience which is necessary with this particular gold cycle. Finally this stock is very liquid and a million shares in one day has happened before. When gold breaks through 320$ is when this stock really takes off. Terry,

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