Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: POLARBEAR who wrote (283)	10/10/1999 1:51:00 PM
From: baystock	Read Replies (1) \| Respond to of 851

Hi Polarbear, I recently gave my projections for DROOY. The impact of their hedgebook on earnings has not been taken into account in this: Message 11421449 If this comes to pass then their workers will become more agressive when it comes time to agree on their next contract. But I think that is a couple of years away since they just agreed on a new contract this year. Also the Rand will appreciate if POG goes to $350 and this will hurt earnings somewhat since their costs are in Rand. -Ram