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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (42051)	12/7/2006 3:44:20 PM
From: yard_man	Read Replies (1) \| Respond to of 60929

Looks like I don't need to beat you senseless ... was going to post something really flippant about so many hail Marys and works of community service ... but I don't want to make light of confession. Confession is good for the soul ... DRoopY is one of the flaming darts from the evul one ... Take up the shield of faith and flee those youthful lusts. With some grace you may be able to sell quickly and lose only your commission.

To: TH who wrote (42051)	12/7/2006 7:24:29 PM
From: Sittin_on_my_yaya	Read Replies (1) \| Respond to of 60929

Heinz on Droopy Email from Heinz on DROOY there is absolutely no doubt imo that it's vastly undervalued and that the market overreacted. after all, what they have shut down is a loss making mine. they lose 11% of their production, but they will finally make a profit. and the mine isn't lost - it's on care and maintenance. should the gold price go a lot higher, they can reopen it very quickly. imo Emperor's management (Emperor is the Australasian division of DRD) simply did what HAD to be done. the stock had been undervalued before, it is even more so now. the SA operations are humming along nicely with a respectable margin, and the Porgera pitwall repair is almost finished as well. shareholders could finally see some earnings materialize iow. also, the convertible bond has been redeemed, so this sword of Damocles that was hovering over DRD is also removed.