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

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To: Dave Johnson who wrote (31)10/30/1998 5:43:00 AM
From: LORD ERNIE  Read Replies (1) of 851
 
My opinion after some research about DROOY is that they have made a big cut in coasts, and that their earnings will go up. For the moment I think it is the earnings that will make the stock go up.
IF you know that for the most mines, when you take ( shareprice x outstanding shares / ounce gold in the ground ) the averadge is arround 70$ a ounce.
When you do this for DROOY it is less than 10$ a ounce.
Therefor DROOY is the place to be for the moment.
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