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

To: ubetcha who wrote (795)12/14/2004 10:07:41 AM
From: Texas77  Respond to of 851
 
Thanks Terry,

I will take a position here and just put it away for the long term. If they are hedge free and the government keeps spending like drunk sailors then I agree that the risk/reward scenario is excellent.

Dave



To: ubetcha who wrote (795)1/1/2005 1:30:51 PM
From: Texas77  Read Replies (3) | Respond to of 851
 
Terry,

I started back into DROOY at $1.67 and have added again this past week under $1.50. A friend of mine living in Scotland told me some time back that they were not hedged and that's why I began following them.

As a "high cost" producer - do you know what POG do they need to be profitable.

Have a great 2005!

Dave


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