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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 (530)	6/22/2000 8:01:00 AM
From: Raja	Read Replies (1) \| Respond to of 851

And, what about this opinion from Robert Chapman @ Gold Eagle: ""When gold stocks begin to really run stocks like Durban Deep, DROOY, will really rocket. Fit for aggressive accounts the DROOY was $3 and it's $1 now. They'll produce 1.2 million ounces of gold this year and cash costs are $262. and ounce." We were buying DROOY in 1973 at 50 cents a share and we sold in June of 1980 at $52.00 a share. We received no compensation from any of these companies, no do we own their stocks.""

To: baystock who wrote (530)	6/23/2000 12:24:00 AM
From: Dale Schwartzenhauer	Read Replies (1) \| Respond to of 851

Ram: with the latest mergers announced (Gold Fields & Franco Nevada) and (Newmont & Battle Mt), who do you think will be next? I can't see Barrick sitting still for long while the industry consolidates. I expect they might make a play for Placer; Homestake is another old name that may disappear, or do some acquiring of their own. IF HM goes shopping, the top names might include GLG, AEM, or maybe BGO. Or do you think another US/SA alliance will occur? Any chance someone might make a play for Harmony or DRD? If so, which suitors are the most likely? Doesn't ASL have some appeal, either to another African miner or a larger Int'l firm? Any opinion on Benguet (BE), now waiting to list on the BB? Your thoughts please. Dale