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To: pater tenebrarum who wrote (150258)2/8/2002 3:37:04 PM
From: 200ma  Read Replies (1) | Respond to of 436258
 
when you say DROOY's move will be a blip of the future move, are you thinking it is headed over $10 where it once traded? to me it seems like a couple of things have to or are happening for this future move 1)absorption of the float (less than 20% institutionally owned) with the new buy interest of the past month 2) the closer DROOY gets to the magical $5 mark, the more the move will be amplified by the sideline crowd---some mutual funds and individuals who will only buy stocks above $5

both of these two items are coming closer not only with the rise in gold price but with the way the stock has traded---moved much higher with sustained high volume; the past year has seen a tremendous pickup in volume, and the past week has seen an incredible 20 time increased in previous volume; trading 5-9 million shares daily where before DROOY traded about 300k, chart forming a nice U shape, the 5 plus million shares traded daily of late is an interesting development

surprised there is not a link to their latest earnings on Yahoo. wanted to see if they are planning dividends in the near term