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


To: Mike Hermann who wrote (488)3/14/2000 2:19:00 AM
From: baystock  Read Replies (1) | Respond to of 851
 
I think they have brought their hedging under control. Of course things could be better if DROOY was unhedged like HGMCY. Despite all the DROOY negatives you mention, the downside is very limited from here and the upside is over $10 per share at $400 POG. I think I will wait around for that potential 7x gain...even if I have to wait another 2 more years.

Regards,
Ram