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Gold/Mining/Energy : DROOY Durban Deep- Best S. African Mine -- Ignore unavailable to you. Want to Upgrade?

To: POLARBEAR who wrote (197)	7/14/1999 2:39:00 PM
From: baystock	Read Replies (1) \| Respond to of 851

Ok, I've fired off a question to them...I will keep you posted on their response. Personally, I don't understand this desire on Durban's part to dilute their shares at these depressed levels. It is my belief that the South African gold shares are more undervalued than the Australian gold shares, so I don't understand how DROOY shareholders will benefit by buying an Australian mining company at a 40% premium. I think DROOY needs to make the case on how this is going to benefit their shareholders. The market may have been anticipating this share dilution and this may explain the 50% drop in DROOY share price. Ram

To: POLARBEAR who wrote (197)	7/26/1999 11:21:00 AM
From: Larry Haraksin	Read Replies (1) \| Respond to of 851

Took your advise and wrote in. Question answered within hours. Here is what I asked: Sydney, 16 March - DRD has a current market capitalisation of some A$232million with 61,5 million shares in issue and, in addition to the ASX, its shares are listed on the Johannesburg, London, Paris and Brussels exchanges, on the Berlin OTC market as well as on Nasdaq in the USA. This means that DRD shares are now tradeable wherever gold itself is traded and that between the opening in Sydney and the close of business in New York, they can now also be traded virtually around the global clock. This paragraph was cut and pasted from an article on your website. I think it is great that your stock can be traded around the clock. However, all of the different stock symbols for the different exchanges haven't been obtainable from the articles which I have read on your website. Also, if the stock is traded on the Australian, London, Paris, Brussels and Berlin exchanges, why are those prices not shown with the Johannesburg and NASDAQ quotes with exchange links? Best Regards, Larry Haraksin Shareholder Mr Haraksin I will arrange for the symbols to be inserted on our website. Kind regards Maryna Eloff