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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (1598)12/24/2004 11:51:39 AM
From: goldsheet  Respond to of 18308
 
> DROOY may have been a lousy investment

Speculation, even you have described it more like an option than a stock.
Maybe just taking the $1.50 and buying options on NEM or XAU would be a more direct speculation ?

> so it's a serious miner

Didn't say it wasn't, but that market doesn't take it seriously as a miner (treats it like an option)

> DROOY stock will fly as it has the biggest leverage to POG.

RSA stocks often run first in gold cycles and die out first.
DROOY had a nice run from about 1-to-6 in the 2001/2002 timeframe, but the rand gold bear killed it.
Will it happen again, maybe, maybe not.

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