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

To: baystock who wrote (226)	9/4/1999 12:51:00 PM
From: Claude Cormier	Respond to of 851

RR, I think Disney is right. DROOY is very high risk for now. OTOH, it has very high leverage if gold finally move. Harmony is in much better situation, but would also be in trouble if gold goes below $200 and stay there for two long.

To: baystock who wrote (226)	9/6/1999 8:32:00 AM
From: Rarebird	Respond to of 851

Pretty constructive pattern on the JGOL: finance.yahoo.com^JGOL&d=3m

To: baystock who wrote (226)	9/6/1999 11:56:00 PM
From: baystock	Read Replies (1) \| Respond to of 851

Followup post from Disney: PS .. except for DRD that is .. I tried to get some hard data today on DRD resources .. to identify Kebble "conceptual" resources .. .. comments that may be of interest .. 1 . The purchase of Harties will generate cash because of Harties Surface treatment plant .. handling large stockpile of low grade .. .. guessing at 3 million oz .. without this DRD would have a cash flow problem .. 2. Second comment was that it was hard to find anybody in RSA that would admit to owning any DRD .. It was stictly for Americans who read the hype reports from the Blanchard outfit .. Realize this is a cruel thing to say .. I am merely relating what transpired from two different guys who manage funds. The one thing that I LIKE about DRD is the small stock outstanding .. the price could run on script shortage .. it wont run on earnings.